S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
Gasoline futures for delivery in New York Harbor shed more than 4% to around $3.30 per gallon, the lowest in over four weeks, as optimism over US and Iran reaching a deal eased concerns about deeper disruptions to global energy supplies. President Trump said talks with Iran were progressing constructively, though he stressed that the US would not rush a deal. He added that the reopening of the Strait of Hormuz was largely agreed and could be announced soon, but the US blockade would remain in place until negotiations are finalized. Energy exports from the region have been largely halted since early March, driving global oil inventories down at a record pace, according to the IEA. Meanwhile, US gasoline inventories fell for a 14th straight week in mid-May as refineries ran near full capacity using SPR feedstock. Output was also curtailed as refiners shifted production toward distillates to help prevent diesel and jet fuel shortages.
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