Gulf Tensions and AI Spending Drive Market Volatility

Geopolitical tensions in the Gulf caused crude prices to spike but eased slightly by Tuesday. Markets remain influenced by both regional instability and strong U.S. earnings growth forecasts, with global shares rising early on Tuesday.

By By Mike Dolan May 5, 2026 3 min read · Yahoo Finance ·

Gulf Tensions and AI Spending Drive Market Volatility

Tickers: $MS

Topics: AI spending forecasts oil prices S&P 500 earnings U.S.-Iran relations

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