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Stock impact report

Oil falls more than 5% and Asian shares gain over Trump's talk of negotiations with Iran [Yahoo! Finance]

Estee Lauder Companies, Inc. (The) (EL) 
Last estee lauder companies, inc. (the) earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: elcompanies.com/investors
Company Research Source: Yahoo! Finance
Tokyo's Nikkei 225 was up 2.8% to 53,721.30 in early trading. South Korea's Kospi gained 3.1% to 5,728.22. Hong Kong's Hang Seng rose 1.2% to 25,374.95, while the Shanghai Composite index was 0.9% higher at 3,914.09. Australia's S&P/ASX 200 climbed 2.2%. Taiwan's Taiex was up 3%. The administration of U.S. President Donald Trump is said to have offered a 15-point ceasefire plan to Iran. Trump's claims of progress being made from talks with Iran this week and his postponement on Monday of a deadline to “obliterate” Iran's power plants over the reopening of the Strait of Hormuz have also fueled optimism that an end to the Iran war could come soon. With the Strait of Hormuz being a key waterway for crude oil and liquefied natural gas transport, oil and gas prices have spiked and fluctuated in recent days. Oil prices fell again on rising hopes for a de-escalation. Brent crude, the international standard, fell 5.9% to $94.42 per barrel. It was around $104 on Tuesday. Benchmark Show less Read more
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