London, May 5, 2026 (AFP) - Stocks rise, oil falls as traders eye earnings, US-Iran ceasefire

NAMPA / AFP

2026-05-05

European and US stocks advanced Tuesday as investors focused on first-quarter corporate earnings instead of uncertainty over the fragile US-Iran ceasefire. Oil prices pulled back, even as the United Arab Emirates said it came under a second day of Iranian missile and drone attacks. Iran and US forces traded fire Monday as they vied for control of the Strait of Hormuz, a crucial export route for oil, gas and fertiliser whose blockage has disrupte......

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