US stock markets today (May 7, 2026): Wall Street holds near record highs as oil prices tumble on Iran deal hopes

US stock markets hovered near record highs on Thursday as oil prices extended losses amid rising optimism over a possible agreement between the United States and Iran that could reopen the Strait of Hormuz and restore crude shipments from the Persian Gulf, AP reported.The S&P 500 added 0.1 per cent, extending gains after hitting an…

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Middle East Crisis: Petrol and diesel prices today: What does Middle East crisis mean for fuel cost? Check city-wise list of current rates

As the Middle East crisis escalates, concerns have grown over a possible rise in petrol and diesel prices. However, despite a sharp increase in global crude oil prices, fuel rates in major Indian cities have remained unchanged. Consumers can breathe a sigh of relief as retail petrol and diesel prices in the country are not…

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Wall Street remains bullish on bitcoin (BTC) price while offshore traders retreat

A divergence in global bitcoin BTC$70,413.42 market sentiment is widening as U.S. institutional investors hold steady while offshore traders retreat from their positions. The gap is clearest in futures markets. CME, the go-to platform for hedge funds and institutional desks in the U.S., shows traders are still paying a premium to stay long on bitcoin,…

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‘Bomb on board’: IndiGo’s Delhi–Bagdogra flight makes emergency landing in Lucknow; toilet-paper message triggers alert | India News

NEW DELHI: A Delhi–Bagdogra IndiGo flight made an emergency landing in Lucknow on Sunday after a bomb threat was reported. Security agencies are currently carrying out a thorough search of the aircraft in Lucknow. ACP Rajneesh Verma said a message claiming there was a bomb on board was found written on a tissue paper inside…

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Coinbase’s John D’Agostino says crypto platform stands alone as industry’s full-service prime broker

Coinbase (COIN) has quietly crossed a threshold that Wall Street would recognize immediately: it has become, by its own definition, the only full-service prime brokerage in crypto. John D’Agostino, head of strategy at Coinbase Institutional, said the definition of a prime broker still follows a familiar Wall Street checklist: trading, custody, financing, derivatives and cross-margining….

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Gold imports jump to $69 billion in Apr-Feb FY26; trade deficit widens

India’s gold imports rose 28.73% to $69 billion during April-February 2025-26, driven by elevated prices of the precious metal, according to Commerce Ministry data cited by PTI.Gold imports had stood at $53.52 billion in the corresponding period of 2024-25.The sharp rise in imports contributed to a widening trade deficit, which increased to $310.60 billion in…

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