Wall Street Breakfast Podcast: India To Buy Russian Oil As War Disrupts Supplies [Seeking Alpha]
Advanced Micro Devices, Inc. (AMD)
Last advanced micro devices, inc. earnings: 4/28 04:25 pm
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U.S. issues 30 day waiver (1:00) and considers requiring permits for global AI chip sales (2:45) China approves Pfizer's GLP-1 (4:00) Transcript U.S. stocks ended lower on Thursday as investors assessed renewed geopolitical tensions in the U.S.-Israel vs. Iran conflict that led to oil price surges. The benchmark S&P 500 ( SP500 ) closed -0.6%, while the Nasdaq Composite ( COMP:IND ) ended -0.3%, and the Dow ( DJI ) finished -1.6%. U.S. Treasury yields, on the other hand, moved higher across the curve, with the benchmark 10-year Treasury yield ( US10Y ) rising 4 basis points to 4.14% and the 2-year Treasury yield ( US2Y ) gaining 3 basis points to 3.59%. The United States on Thursday issued a 30-day waiver to India for purchasing crude from Moscow as the Iran war upends global supplies. The waiver on purchasing Russian oil is expected to help ease global supply worries, with India being the world's fourth-biggest refiner and fifth-largest exporter of petroleum products. A
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