Oil Drops as Geopolitical Tension Eases | Miami News

Markets took a breath Monday as global stocks rose, fueled by easing U.S.-Iran tensions that sent oil prices plummeting nearly 7%. Talks of a ceasefire deal added to the optimism, while falling gas prices—still a dollar higher than last year—boosted everyday wallets. Meanwhile, China’s CXMT exploded onto the Shanghai exchange, soaring over 400% to become the nation’s most valuable listed company, valued at nearly $490 billion. Investors now watch tech earnings closely, wondering if AI spending will deliver lasting profits. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/28deb54afdfca4e2