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It was another wild month for markets. Here’s what it means for you

Kraig Pakulski 0 19 Article rating: No rating

By John Towfighi, CNN

New York (CNN) — Markets just had a month of seemingly contradictory results. The S&P 500 just had its best month in nearly six years, even though oil prices have surged back above $100 per barrel and bond yields have climbed.

Stocks are forward looking and trying to see past the war with Iran. But energy prices have spiked and borrowing costs have risen while the Strait of Hormuz, a key waterway for crude, remains effectively closed. Here’s what to know:

Stocks

The S&P 500 soared more than 10% in April and hit seven record highs after tumbling in March. It was the index’s best month since November 2020.

This return to record highs means 401(k)s, individual retirement accounts and stock portfolios that track benchmark US stock indexes recovered after an uneasy few weeks.

The rebound was driven in part by robust corporate earnings and optimism about the US-Iran ceasefire. The stock market is looking past the war because of resilience in US corporate profits.

Investor enthusiasm for the AI boom also helped the rally. The tech-heavy Nasdaq soared 15% in April and had its best month in six years.

Other factors are at play, too. Algorithmic trading systems can kick in automatically at different levels, contributing to the swift rebound. Wall Street traders have also been eager to buy the dip in hopes of not missing a rally.

“Corporate fundamental strength has overshadowed and offset uncertainty stemming from the Middle East conflict, the potential for higher inflation and questions around policy direction,” said Bill Merz, head of capital markets research at US Bank Asset Management.

“That corporate earnings story has been so strong—that’s the headline in my mind of why the market is trading the way that it is,” Merz added.

Risks remain: The longer the war with Iran drags on, the more concerns could arise about inflation or a hit to growth.

Bonds

The bond market is still wrestling with higher energy prices. That’s leading to elevated borrowing costs because yields in the bond market help set interest rates across the economy.

Yields rise when bond prices fall. US Treasuries moved lower in late April, pushing up yields. The 10-year Treasury yield hit 4.4% this week, its highest since March.

Treasury yields influence rates across the economy, from mortgage rates to auto loans. The 30-year fixed mortgage, which tracks the 10-year Treasury yield, climbed to 6.3% during the week ending Thursday.

Yields rose as oil prices surged, fueling inflation concerns. Inflation can eat it into investors’ returns on bonds, prompting them to demand higher yields.

Yields have also climbed as investors adjust expectations for higher-for-longer interest rates. The Federal Reserve on Wednesday held interest rates steady, and traders now expect the Fed to remain on hold until 2027.

Oil

Oil prices have climbed as the Strait of Hormuz remains effectively closed. The US naval blockade is further halting the flow of oil out of the Gulf.

Oil prices are up more than 50% since the war with Iran began, raising energy costs for businesses and consumers. The national US average gas price on Thursday hit $4.30 a gallon, its highest level since 2022.

Brent crude tumbled on April 7 after President Donald Trump announced a ceasefire with Iran. But oil prices surged again at month-end as a lasting agreement failed to take place and the US navy moved to block the Strait of Hormuz to hamper Iran’s oil exports.

Brent hit an Iran war-high of $126 per barrel Thursday before settling around $114 per barrel. Energy prices are expected to remain elevated as long as the Strait of Hormuz remains closed.

Las 5 cosas que debes saber este 1 de mayo

Kraig Pakulski 0 21 Article rating: No rating

Por CNN en Español

Trump vuelve a pedir que ABC despida a Kimmel, pero Disney se mantiene firme. Cómo la guerra con Irán podría sacudir o quebrar la economía de EE.UU. Reabren partes del DHS tras semanas de disputa por los fondos de ICE. Esto es lo que debes saber para comenzar el día. Primero la verdad.

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🎙 Escucha las 5 cosas de CNN

La presidenta de México, Claudia Sheinbaum, aseguró este jueves que no va a “proteger a nadie” pero que “tiene que haber pruebas”, al referirse a la acusación de Estados Unidos contra el gobernador de Sinaloa y otros funcionarios mexicanos por presuntos vínculos con el narcotráfico. “Solo si existen pruebas contundentes se va a proceder” contra Rubén Rocha Moya, dijo la mandataria.

El presidente Donald Trump afirmó que ABC “haría bien” en despedir pronto a Jimmy Kimmel. La empresa matriz de ABC, Disney, no ha dado muestras de ceder a pesar de la presión de Trump y del desafío casi sin precedentes que la Comisión Federal de Comunicaciones de EE.UU. (FCC, por sus siglas en inglés) ha planteado a las licencias de las estaciones de ABC.

La Agencia Internacional de Energía advirtió que, a raíz de la “crisis de suministro de petróleo más grave de la historia… la destrucción de la demanda se extenderá a medida que persistan la escasez y los precios elevados”. En Estados Unidos, esta “destrucción” ya ha comenzado a manifestarse.

El presidente Donald Trump firmó un proyecto de ley para financiar partes del Departamento de Seguridad Nacional (DHS, por sus siglas en inglés), luego de que el Congreso votara a primera hora del jueves para reabrir ciertas áreas clave del departamento, incluida la Administración de Seguridad en el Transporte. La reapertura llega después de semanas de disputas internas del Partido Republicano que prolongaron un cierre récord de esta agencia.

El canal de Panamá volvió a ser objeto de comunicados y críticas entre Estados Unidos y China, a los que se sumaron algunos aliados de Washington, en un momento en que la vía interoceánica crece en relevancia mundial por la crisis en Medio Oriente y el cierre del estrecho de Ormuz.

¿Cómo se llaman las lunas llenas de mayo?

A. Luna de las flores y luna azul.

El alto el fuego pende de un hilo mientras un Trump impaciente aguarda la respuesta de Irán

Kraig Pakulski 0 23 Article rating: No rating

Por Nic Robertson y Jessie Yeung, CNN

Mientras el estancamiento en el diálogo entre Washington y Teherán se prolonga y el mundo aguarda con la esperanza de un acuerdo, se cierne sobre todos la muy real posibilidad de un desenlace alternativo: que la guerra se reanude.

Se prevé que este viernes Pakistán reciba la propuesta de paz revisada de Irán, después de que el presidente Donald Trump rechazara una versión anterior.

Los mediadores en Islamabad creen que un acuerdo justo está al alcance de la mano y que ahora corresponde a Teherán dar una respuesta, según fuentes familiarizadas con el proceso. Han trabajado incansablemente para lograr un acuerdo, pero mientras esperaban esa respuesta durante la mayor parte de esta semana, Estados Unidos e Irán han redoblado sus amenazas y provocaciones.

El miércoles, Trump publicó en Truth Social una imagen retocada de sí mismo empuñando un arma, con un mensaje en el que le decía a los iraníes que “se pongan las pilas”.

“Se acabó ser el ‘chico bueno’”, decía el pie de foto.

Más tarde, desde el Despacho Oval, Trump añadió: “En este momento, nunca habrá un acuerdo a menos que acepten que no habrá armas nucleares”.

Pero Irán ha rechazado esa exigencia clave. En un mensaje difundido el jueves a través de los medios estatales, el líder supremo Mojtaba Jamenei declaró que Irán “salvaguardaría” sus capacidades nucleares y de misiles, y que los “actores extranjeros” no tienen cabida en el golfo Pérsico, salvo en “las profundidades de sus aguas”.

Los iraníes aún no han visto ni oído a Jamenei, más de siete semanas después de que fuera anunciado como su nuevo líder supremo tras la muerte de su padre. No obstante, Jamenei ha emitido varios mensajes por escrito.

Estos intercambios de provocaciones parecen distanciar cada vez más a las partes, casi cuatro semanas después de que Estados Unidos e Irán alcanzaran por primera vez su alto el fuego temporal. A última hora del jueves, Trump afirmó que nadie conoce el estado de las conversaciones con Irán salvo él mismo y un puñado de personas más, sugiriendo que las negociaciones están avanzando a pesar de la aparente parálisis pública.

Sin embargo, las capacidades nucleares de Irán siguen siendo, a todas luces, un importante punto de fricción: Trump exige garantías sobre el freno a su programa nuclear, mientras que Teherán insiste en que tiene derecho a enriquecer uranio con fines pacíficos. Se trata de una línea roja crítica para ambas partes, lo que deja la situación en un punto muerto.

Teherán parece estar ganando tiempo, alargando las negociaciones sobre las negociaciones y enviando múltiples propuestas con avances aparentemente graduales, tal vez con la esperanza de que Trump acabe cansándose de la lucha, o de que la presión política interna por el aumento vertiginoso de los precios de la gasolina le obligue a ceder.

No obstante, se dice que Trump está sopesando sus opciones para forzar la vuelta de Teherán a la mesa de negociaciones, y que ha recibido informes de oficiales militares sobre una posible nueva ronda de ataques contra Irán. Sin embargo, su estrategia preferida actual consiste en infligir el máximo daño económico, según revelaron a CNN fuentes familiarizadas con las conversaciones. Su equipo se está preparando para ampliar el bloqueo naval estadounidense a los puertos iraníes, lo que incluye un cierre a más largo plazo del estrecho de Ormuz, añadieron dichas fuentes.

Estados Unidos ha interceptado o desviado a cerca de 40 buques que intentaban entrar o salir de los puertos iraníes desde que comenzó el bloqueo a principios de este mes. Al respecto, Trump declaró a los periodistas a principios de esta semana que “el bloqueo es una genialidad”.

Su administración también está presionando a gobiernos extranjeros para que se unan a una nueva coalición destinada a respaldar la libertad de navegación en esta disputada vía m

Man charged with attempted murder after two Jewish men stabbed in London

Kraig Pakulski 0 20 Article rating: No rating

By Issy Ronald, Jomana Karadsheh, Florence Davey-Attlee, Laura Sharman, CNN

(CNN) — A man has been charged with attempted murder after two Jewish men were stabbed in London in what police described as a terrorist incident.

The two men aged 76 and 34 were stabbed in Golders Green, north London, on Wednesday.

On Friday morning, Essa Suleiman was charged with two counts of attempted murder and one count of possession of a bladed article in a public place in relation to the attack, police said.

The 45-year-old, from Camberwell in south London, was also charged with attempted murder in connection with a separate incident on the same day, just south of Tower Bridge several miles away.

He was remanded in custody and is due to appear at Westminster Magistrates’ Court on Friday.

Both victims in the Golders Green attack were treated in hospital after the stabbing. The 34-year-old has since been released while the 76-year-old remains there in a stable condition, police said.

Police declared the attack a terrorist incident and said a counterterrorism probe remains ongoing.

This stabbing follows a string of attacks targeting synagogues and other communal buildings that have left London’s Jewish community in a heightened state of anxiety.

On Thursday, the UK terrorism threat level was raised from “substantial” to “severe” by the Joint Terrorism Analysis Centre, meaning a terror attack is “highly likely.” Before the level was raised, an attack was considered “likely.”

Metropolitan Police Commissioner Mark Rowley said he’d submitted a proposal to the government about bolstering police resources for Jewish communities in London.

Rowley warned in an interview with Times Radio that the UK was facing a “pandemic of antisemitism.”

“We need work done upstream to tackle those attitudes in society, which are far too prevalent,” the police commissioner said.

Spate of attacks

In March, arsonists set fire to four ambulances belonging to a Jewish charity, also in Golders Green. Four people were subsequently charged by police.

Weeks later, a synagogue and the former premises of a Jewish charity, both in north London, were attacked.

Earlier this week, just a few streets from the site of Wednesday’s stabbings, a suspected arson attack targeted a memorial wall that displayed photos of protesters killed by Iranian security forces during a brutal crackdown earlier this year and photos of those killed in Hamas’ October 7, 2023, attacks in southern Israel.

Speaking to reporters Wednesday at the site of the stabbings, Rowley said there had been a rise in racist and antisemitic hate crime. “We know that some individuals are being encouraged, persuaded or paid to commit acts of violence on behalf of foreign organizations and hostile states,” the police commissioner said.

Police have “significantly stepped up” activity in the capital because of the recent attacks, Rowley said.

Meanwhile, Iran’s embassy in the UK said following the Golders Green attack that it “categorically rejects” allegations of involvement in “violent activities or incidents in the United Kingdom.”

“Such baseless accusations… lack credible evidence and appear to serve narrow political agendas,” the embassy said in a post on X Thursday.

Antisemitic attacks in the United Kingdom have increased since 2023, when Israel’s brutal war in Gaza began in response to the Hamas’ attacks.

British Prime Minister Keir Starmer described the “antisemitic attack” as “utterly appalling” on Wednesday.

“We all need to … be absolutely clear in our determination to deal with any of these offense

King Charles charms America and avoids pitfalls during his four-day whirlwind US tour

Kraig Pakulski 0 21 Article rating: No rating

By Max Foster, Lauren Said-Moorhouse, CNN

Front Royal, Virginia (CNN) — Britain’s King Charles III came to the United States to mark Britain’s loss in the war of independence. He left with an historic win.

The 77-year-old monarch faced a number of possible pitfalls from a bombastic US president known for creating controversy and generating headlines at the lowest moment for US-UK relations in modern history.

But Charles showed he could deliver a message of unity and celebrate the “eternal bond” with America as it marks its 250th birthday, while at times disagreeing with its president and even cracking a few jokes.

In his landmark speech to a joint meeting of US Congress on Tuesday, Charles challenged Donald Trump on several issues that the US and United Kingdom have clashed over in recent months.

Sticking up for the transatlantic alliance, in the spirit of Magna Carta, he spoke of “the principle that executive power is subject to checks and balances.”

He confessed to feeling the weight of history on his shoulders, knowing that if he got it wrong, it could have defined his reign in all the wrong ways.

But he remained resolute in emphasizing the collective strength of the long-standing alliance, saying: “Our defense, intelligence and security ties are hardwired together through relationships measured not in years, but in decades.”

Charles concluded his bold address to Congress – only the second time a British monarch has been allowed to do so – by reminding lawmakers of the “weight and meaning” that the United States’ influence carries.

“The actions of this great nation matter even more,” the King said. “President Lincoln understood this so well, with his reflection in the magisterial Gettysburg Address that the world may little note what we say but will never forget what we do.”

The speech was a high-stakes diplomatic moment, but he was met with a warm and bipartisan reception and received several standing ovations. Many read it as a judgment on the presidency, but Trump heralded the speech at a grand state dinner at the White House later, saying the King had “made a great speech. I was very jealous.”

The trip wasn’t without its challenges. During the four-day visit, it was revealed that Britain’s ambassador to Washington had previously said the only country that has a “special relationship” with the US was “probably Israel,” rather than Britain, in leaked comments which briefly seemed to threaten the visit’s mission of soothing US-UK ties.

Christian Turner, who took on the role earlier this year after his predecessor Peter Mandelson was sacked over his association with the late sex offender Jeffrey Epstein, made the remarks privately to a group of British students visiting the US in February.

“‘Special relationship’ is a phrase I try not to utter because it’s quite nostalgic, it’s quite backwards-looking, and it has a lot of sort of baggage about it,” Turner said in the audio recording. “I think there is probably one country that has a special relationship with the United States – and that is probably Israel.”

For the recently appointed ambassador to have cast doubt on the transatlantic alliance which the British government is trying to restore was an embarrassing moment that threatened to derail Charles’ objectives, but instead he soldiered on.

King Charles also used his visit subtly to boost NATO at a time when Trump has publicly lambasted the alliance and made enemies across Europ

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