From panic to pricing in: Are markets past ‘peak fear and sell-off’ despite oil price surge?

Investors appear to have already priced in much of the geopolitical risks and are growing less reactive to headlines.
Trump blasts Pope Leo for criticism of U.S. foreign policy

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Eric Swalwell suspends campaign for California governor amid sexual misconduct allegations

Multiple women have reportedly accused Democratic Rep. Eric Swalwell of sexual misconduct, among them a former staffer who alleges he sexually assaulted her.
Asia markets open lower as oil surges after U.S. moves to blockade Iran ports

Oil prices surged past $100 after U.S.-Iran talks collapsed and Washington moved toward a naval blockade, setting a cautious tone for Asia markets at the open.
Oil prices surge above $100 as U.S. Navy to blockade Iran’s ports after peace talks fail

President Donald Trump said he ordered the U.S. Navy to find and interdict any ship in international waters that has paid a toll to Iran to transit the strait.
‘The Super Mario Galaxy Movie’ rockets to $629 million worldwide at the box office

“The Super Mario Galaxy Movie” is helping to power up box-office momentum before the summer movie season begins in May.
Iraq elects Kurdish politician Nizar Amidi as president amid Iran war fallout

Iraq’s parliament voted Saturday to elect Nizar Amidi as president, five months after a parliamentary election that didn’t produce a decisive majority.
Trump says U.S. will blockade Strait of Hormuz after Iran peace talks fail

Trump said the U.S. blockade will stop Iran from policing the strait and benefiting economically while the rest of the world suffers from its closure.
Morgan Stanley predicts these beaten-down Chinese stocks can rebound on easing Middle East tensions

The strategists looked at Chinese companies with significant revenue exposure to the region.
Top Wall Street analysts prefer these dividend stocks for steady income

Given ongoing uncertainty, investors may seek to add some stability to their portfolios by buying dividend stocks for steady income.