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US Indices Hit Records, Treasury Sanctions Iran Aides, Citi Forecasts Oil Drop
09 May 2026, 20:00 - 00:00 (UTC)
1. The S&P 500 and Nasdaq indices surged to new record highs, marking a sixth consecutive week of gains driven by positive market sentiment.
2. The U.S. Treasury sanctioned 10 individuals and companies, including those based in China and Hong Kong, for aiding Iran's military weapons program.
3. Citi maintains its short-term Brent oil price forecast at $120 but projects a decline to $95 in Q3 and $80 in Q4.
#marketnews #USstocks #indices #sanctions #geopolitics #crudeoil #brent #investing #trading #economy
2. The U.S. Treasury sanctioned 10 individuals and companies, including those based in China and Hong Kong, for aiding Iran's military weapons program.
3. Citi maintains its short-term Brent oil price forecast at $120 but projects a decline to $95 in Q3 and $80 in Q4.
#marketnews #USstocks #indices #sanctions #geopolitics #crudeoil #brent #investing #trading #economy