--- title: "Global News You Need to Know Before Wednesday's US Stock Market Open" type: "News" locale: "en" url: "https://longbridge.com/en/news/282044133.md" description: "A two-week ceasefire between the US and Iran has led to a significant drop in oil prices and a rise in global stock markets, with expectations for a Federal Reserve rate cut increasing. President Trump stated that the US could resume military action against Iran if negotiations fail. The largest shipowners' association recommended consulting with the US and Iran before taking action. Qatar has resumed LNG production, and Saudi Arabia's oil pipeline was attacked by drones. Delta Air Lines' stock surged over 12% following better-than-expected earnings. Dell's CEO predicts a massive surge in AI memory demand" datetime: "2026-04-08T12:57:24.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282044133.md) - [en](https://longbridge.com/en/news/282044133.md) - [zh-HK](https://longbridge.com/zh-HK/news/282044133.md) --- # Global News You Need to Know Before Wednesday's US Stock Market Open A "two-week ceasefire" between the US and Iran has led to oil prices posting their largest drop in nearly six years, with global stock markets surging and expectations for a Federal Reserve rate cut rekindled. Trump: US can easily resume military action against Iran if negotiations fail; Vance: "Fragile ceasefire" foundation preliminarily formed. Largest shipowners' association: Waiting for technical guidance on passage through the Strait of Hormuz, not recommending departure without consultation with the US and Iran. Qatar has begun resuming liquefied natural gas production after the ceasefire. Saudi Arabia's key east-west oil pipeline was attacked by drones. Delta Air Lines' pre-market stock surged over 12% after the company's first-quarter earnings report exceeded expectations. Dell CEO: AI memory demand will surge 625-fold, supply shortages will continue for several years. Nikkei 225 index closed up 5.4%, Shanghai Composite closed up 2.7%; Hang Seng Index closed up 3.09%. ### Related Stocks - [DAL.US](https://longbridge.com/en/quote/DAL.US.md) - [XES.US](https://longbridge.com/en/quote/XES.US.md) - [XOP.US](https://longbridge.com/en/quote/XOP.US.md) - [BOIL.US](https://longbridge.com/en/quote/BOIL.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [IEZ.US](https://longbridge.com/en/quote/IEZ.US.md) - [XLE.US](https://longbridge.com/en/quote/XLE.US.md) - [CRAK.US](https://longbridge.com/en/quote/CRAK.US.md) - [IXC.US](https://longbridge.com/en/quote/IXC.US.md) - [VDE.US](https://longbridge.com/en/quote/VDE.US.md) - [OIH.US](https://longbridge.com/en/quote/OIH.US.md) - [YCS.US](https://longbridge.com/en/quote/YCS.US.md) ## Related News & Research - [Traders place large $950 million bet on oil price falling hours ahead of ceasefire](https://longbridge.com/en/news/282061442.md) - [ProShares Ultra Bloomberg Crude Oil Shares Fall As Oil Tumbles On Iran Ceasefire Hopes](https://longbridge.com/en/news/282089352.md) - [ROI-Iran ceasefire provides hope, but physical oil markets to remain stressed: Russell](https://longbridge.com/en/news/281956537.md) - [MORNING BID EUROPE-Two weeks to breathe](https://longbridge.com/en/news/281972781.md) - [MORNING BID EUROPE-A breakthrough deal or a crude awakening?](https://longbridge.com/en/news/281828002.md)