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S&P 500: Stock Market Weak Today As Oil Rallies, Uncertainty Builds

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Sentiment: Negative ()

S&P 500 and Nasdaq slip as oil prices surge and Iran conflict fuels uncertainty. US stocks weak today with energy leading and tech stocks under pressure.

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image for news S&P 500: Stock Market Weak Today As Oil Rallies, Uncertainty Builds
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Traders Shrug Off Trump's Comments On Iran

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Sentiment: Positive ()

President Trump said that U.S. was negotiating with Iran and added that the country agreed it would never have a nuclear weapon.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Traders Shrug Off Trump's Comments On Iran
Gold (XAUUSD), Silver, Platinum Forecasts – Gold Attempts To Rebound Despite Rising Oil Prices

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Sentiment: Positive ()

Gold is trying to move higher as traders ignore stronger dollar and rising Treasury yields.

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image for news Gold (XAUUSD), Silver, Platinum Forecasts – Gold Attempts To Rebound Despite Rising Oil Prices
$580M oil trades made minutes before Trump's key Iran announcement draw scrutiny

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Sentiment: Neutral ()

Over half a billion dollars in oil bets were placed just 15 minutes before President Donald Trump announced Monday he was pausing plans to attack Iranian infrastructure, sending prices plunging.

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image for news $580M oil trades made minutes before Trump's key Iran announcement draw scrutiny
Cavendish lifts MP Evans target to 1,615p after record earnings and palm oil price surge

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Sentiment: Positive ()

Cavendish has raised its target price for MP Evans Group PLC (AIM:MPE), the AIM-listed Indonesian palm oil producer, to 1,615p from 1,500p, implying 11% upside from the current share price …

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image for news Cavendish lifts MP Evans target to 1,615p after record earnings and palm oil price surge
Oil execs warn of long-term damage from Iran war as US downplays crisis

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Sentiment: Negative ()

Some of the world's top oil executives and energy ministers in ​Houston on Monday expressed growing concern over the long-term effects of the U.S.-Israel war with Iran on the global …

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image for news Oil execs warn of long-term damage from Iran war as US downplays crisis
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives 11% As Traders Focus On U.S. – Iran Talks

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Sentiment: Negative ()

President Trump said that U.S. was negotiating with Iran and delayed strikes on Iranian energy infrastructure.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives 11% As Traders Focus On U.S. – Iran Talks
S&P500: US Indices Climb as Iran Headlines Ease Oil Pressures

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Sentiment: Neutral ()

US stocks surge as S&P 500 rallies on Iran talk hopes and oil plunges, boosting sentiment and lifting tech stocks, banks, and travel shares.

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image for news S&P500: US Indices Climb as Iran Headlines Ease Oil Pressures
Oil Prices Plummet as Trump Touts 'Productive Conversations' With Iran

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Sentiment: Negative ()

Oil prices tumbled on Monday after President Trump said he would postpone imminent attacks on Iranian energy infrastructure amid "productive conversations" aimed at resolving the three-week-old U.S.-Israeli war on Iran. …

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image for news Oil Prices Plummet as Trump Touts 'Productive Conversations' With Iran
French Energy Ministry considers increasing oil refining capacity

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Sentiment: Positive ()

The ‌French Energy Ministry has started evaluating the possibility of increasing the capacity of the country's five ​oil refineries in a bid to ​soften the impact of the conflict in …

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image for news French Energy Ministry considers increasing oil refining capacity
Volume in stock and oil futures surged minutes before Trump's market-turning post

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Sentiment: Neutral ()

The timing of the earlier volume spikes — across both equities and crude — caught the attention of traders.

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image for news Volume in stock and oil futures surged minutes before Trump's market-turning post
US energy chief tells CNBC a further SPR oil release is unlikely

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Sentiment: Neutral ()

The United States is "highly unlikely" to release more oil from its Strategic ​Petroleum Reserve to calm energy markets during ‌the war with Iran, U.S. Energy Secretary Chris Wright told …

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image for news US energy chief tells CNBC a further SPR oil release is unlikely
Drivers paying nearly $4 a gallon for gas see hope in oil prices' fall

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Sentiment: Neutral ()

Gasoline prices were close to $1 a gallon higher than a month ago.

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image for news Drivers paying nearly $4 a gallon for gas see hope in oil prices' fall
U.S. Energy Secretary Wright Says Oil Price Rise Hasn't Destroyed Demand

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Sentiment: Neutral ()

Wright said the rise in prices was a signal to capable producers to increase output, but that prices haven't gone high enough to generate significant demand destruction.

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image for news U.S. Energy Secretary Wright Says Oil Price Rise Hasn't Destroyed Demand
Crude Oil Price Forecast – Crude Oil Plunges on Word of Talks

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Sentiment: Negative ()

Crude oil gets hammered as traders are reacting to the idea that Americans and Iranians are speaking.

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image for news Crude Oil Price Forecast – Crude Oil Plunges on Word of Talks
Fed's Miran Still Backs Rate Cuts Despite Surging Oil Prices

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Sentiment: Positive ()

Federal Reserve Gov. Stephen Miran reaffirmed his preference for four interest rate cuts this year in support of the labor market despite rising oil prices.

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image for news Fed's Miran Still Backs Rate Cuts Despite Surging Oil Prices
UBS raises oil price forecasts at Middle East conflict escalates

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Sentiment: Positive ()

UBS analysts have increased their near-term oil price forecasts, citing an escalating conflict in the Middle East and the extended closure of the Strait of Hormuz. The analysts now expect …

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image for news UBS raises oil price forecasts at Middle East conflict escalates
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Iran Rejects Negotiations On The Strait Of Hormuz

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Sentiment: Neutral ()

Iran wants the U.S. and Israel to stop the military operation before the country will be ready to discuss the reopening of the world's key oil route.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Iran Rejects Negotiations On The Strait Of Hormuz
Frank Talk: Oil shock sends yields higher and gold lower

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Sentiment: Negative ()

Gold's recent weakness is a short-term anomaly driven by an oil-induced surge in interest rates and the U.S. dollar, not a breakdown of its long-term safe-haven role.

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image for news Frank Talk: Oil shock sends yields higher and gold lower
US drillers cut oil and gas rigs for first time in three weeks, says Baker Hughes

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Sentiment: Neutral ()

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time ​in three weeks, energy services firm Baker Hughes said in its …

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image for news US drillers cut oil and gas rigs for first time in three weeks, says Baker Hughes
Crude Oil Weekly Price Analysis – Oil Has Noisy Week

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Sentiment: Negative ()

The WTI crude oil market has been very noisy this week, as we have seen WTI go negative.

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image for news Crude Oil Weekly Price Analysis – Oil Has Noisy Week
Opinion | Time to Take Oil out of Newsom's Hands

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Sentiment: Negative ()

California governance on energy is starting to pose a national security risk.

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image for news Opinion | Time to Take Oil out of Newsom's Hands
A US Oil Export Ban Would Be Catastrophic, Schork Says

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Sentiment: Negative ()

Stephen Schork, principal and editor of The Schork Group, say a US ban on exporting oil would be catastrophic and would be a political tool. He speaks on "Bloomberg Surveillance.

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image for news A US Oil Export Ban Would Be Catastrophic, Schork Says
India HPCL buys 2 million barrels of West African oil for early May, sources say

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Sentiment: Neutral ()

India's state-run Hindustan Petroleum has bought 2 million barrels of Angolan oil via a tender, ​three trade sources said, as reduced availability of costly Middle ‌Eastern oil leads Indian refiners …

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image for news India HPCL buys 2 million barrels of West African oil for early May, sources say
Crude Oil Price Analysis – Crude Oil Continues to Chop in Nervous Market Conditions

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Sentiment: Negative ()

Crude oil continues to watch the war and the latest shipping obstructions in the Persian Gulf.

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image for news Crude Oil Price Analysis – Crude Oil Continues to Chop in Nervous Market Conditions
JPMorgan analysts cut S&P 500 target, flagging market complacency despite oil shock

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Sentiment: Negative ()

JPMorgan Chase & Co (NYSE:JPM, XETRA:CMC)'s global equity strategists have highlighted that US stocks have remained relatively resilient despite a sharp surge in oil prices, but cautioned that markets may …

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image for news JPMorgan analysts cut S&P 500 target, flagging market complacency despite oil shock
It's Not Just Oil. The Iran War Sparked a Supply-Chain Mess That's Hitting Tech, Medicine, and More.

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Sentiment: Negative ()

Fallout from the Middle East conflict is rippling through the global economy—and growing worse the longer it lasts.

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image for news It's Not Just Oil. The Iran War Sparked a Supply-Chain Mess That's Hitting Tech, Medicine, and More.
What smart people are saying about oil's latest spike to nearly $120 a barrel

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Sentiment: Negative ()

Energy gurus say Thursday's spike in oil and gas prices may be just a taste of what's coming. They warned of roiling markets, shipping chaos, rising food prices, and severe …

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image for news What smart people are saying about oil's latest spike to nearly $120 a barrel
Crude Oil Price Analysis – Oil Diverging on Thursday

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Sentiment: Neutral ()

While both grades of oil in this analysis are getting a bid, geography has a big part to play on price levels.

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image for news Crude Oil Price Analysis – Oil Diverging on Thursday
US Dollar Forecast: DXY Rises as Fed Holds Rates and Signals Higher-for-Longer Policy

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Sentiment: Negative ()

DXY holds firm as Fed signals higher-for-longer rates, with rising yields and hot PPI reinforcing dollar strength while equities struggle under pressure.

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image for news US Dollar Forecast: DXY Rises as Fed Holds Rates and Signals Higher-for-Longer Policy

About ProShares - Ultra Bloomberg Crude Oil UCO

ProShares Ultra Bloomberg Crude OilSM seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Bloomberg Commodity Balanced WTI Crude Oil Index.