Sunday, May 3, 2026

Monday's News Links

[CNBC] S&P 500 opens slightly lower as traders eye oil gain, Iran developments: Live updates

[Yahoo/Bloomberg] Oil Jumps on Signs of Heightened Tensions in Strait of Hormuz

[CNBC] Bond yields push higher as oil prices threaten to drive up inflation and traders await Friday jobs report

[Yahoo/Bloomberg] Bond Traders Look to Treasury Refunding, Fed Speakers and Jobs

[Axios] "He wants action": Trump's frustration with Iran stalemate sparked Hormuz gambit

[AP] US denies Iran struck a military vessel during new effort to reopen Strait of Hormuz

[Axios] A closed Strait of Hormuz was once unthinkable

[Yahoo/Bloomberg] China's Rare Defiance of US Sanctions Sparks Showdown Over Banks

[Yahoo/Bloomberg] Germany Sees US as Vulnerable to Squeeze on Potash Supplies

[Yahoo/Bloomberg] ECB Rate Hike in June Is ‘All but Inevitable,’ Kazimir Says

[Yahoo/WSJ] Asia Manufacturing Sector Feeling Strain From Middle East Conflict

[Reuters] Bank of Korea deputy chief says time to consider rate hikes

[Bloomberg] Shipping Freeze Deepens in Strait of Hormuz Amid Rising Risks

[Bloomberg] US Hormuz Plan Leaves Shipowners Guessing as Attacks Persist

[Bloomberg] Treasuries Start Week Under Pressure as Oil Prices Resume Climb

[Bloomberg] Beware the Bubble — in the Bond Market

[Bloomberg] Drone Hits Upscale Moscow Tower as City Readies for Parade

[WSJ] Trump Says U.S. Will Guide Stranded Ships Through Strait of Hormuz

[WSJ] Iran Defies Trump and Tightens Its Grip on Hormuz

[WSJ] In AI We Trust: Why Spending Is So Buoyant

[WSJ] Taxes on Second Homes Are Springing Up Across America

[WSJ] America’s Pacific Allies Train to Face Down China Together

[WSJ] A Federal Housing Handout Has Ended. Foreclosures Will Follow.

[FT] Iran warns US Navy against entering Strait of Hormuz

[FT] Airlines slash flights as fuel shortage fears mount

[FT] How America’s retail army came to rule the stock market

[FT] Hedge funds seek an edge by using AI’s speed

[FT] Asia’s economic pain deepens as Iran war drags on