Dow Jones Top Markets Headlines at 9 AM ET: Oil Prices Will Fall Quickly, Says Bessent. China Agrees Hormuz Must Open. | U.S. ...

MorningStar
2026.05.14 13:25
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Oil prices are expected to fall quickly, according to Bessent, despite a rise in Brent crude and WTI prices following a ship seizure near the U.A.E. U.S. stock futures are up, driven by AI stocks. Jobless claims in the U.S. increased last week but remain low. Tensions rise as Xi warns Trump about Taiwan. The U.K. economy is growing faster than the U.S., while Ireland's foreign investment remains strong. Uganda's central bank holds its key lending rate steady. Hedge funds are thriving in AI hardware, and Venezuela seeks to ease its $170 billion debt amid thawing U.S. relations.