Trump loses power over markets as oil jumps and stocks plunge [Yahoo! Finance]
Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG)
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Source: Yahoo! Finance
Donald Trump is losing his sway over financial markets, with his latest claims of Iranian peace talks failing to soothe oil prices and stocks. Brent crude oil climbed as much as 3.3pc on Friday to more than $111 a barrel despite the US president announcing a 10-day extension of negotiations between Washington and Tehran. Global stocks also continued their slump, even after Mr Trump's post on Truth Social claiming that talks with Iran were “going very well”. The tech-heavy Nasdaq Composite index has fallen 10pc since the beginning of the war, while the S&P 500 on Wall Street plunged to a six-month low on Friday. The FTSE 100 is on track for its worst month since the pandemic, down nearly 9pc so far in March. It marks a significant break from how markets have reacted to Mr Trump's pronouncements on the future of the war so far. On March 8, after Mr Trump said high oil prices were “a very small price to pay U.S.A., and World, Safety and Peace”, oil surged as high as $120 a b
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MFG
Sec Filings
- 3/18/26 - Form 3
- 3/18/26 - Form 3
- 3/18/26 - Form 3
- MFG's page on the SEC website