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US stocks recovered from early losses on Thursday and moved into positive territory.At 21:40 IST, the S&P 500 was up 0.6%, while the Nasdaq Composite gained 0.8%. The Dow Jones Industrial Average also advanced more than 250 points, or 0.5%. This comes after a weak opening, when all three indices were in the red, with the Dow falling over 250 points.On the previous Wednesday session, the S&P 500 jumped 2.5%, the Nasdaq surged 2.8%, and the Dow gained over 1,300 points for its best session since April 2025.However, uncertainty around the deal has resurfaced. Iran has reportedly halted tanker traffic again, citing continued strikes by US ally Israel, raising fresh concerns over the stability of the agreement and the flow of global oil supplies.Oil prices moved higher, adding pressure on equities. West Texas Intermediate crude climbed around 5% to trade above $99 per barrel, while Brent crude rose nearly 4% to hover above $98, reversing part of their sharp declines in the previous session.On the macro front, data showed inflation pressures remained sticky. The US personal consumption expenditures (PCE) price index rose 0.4% in February, with the annual rate at 2.8%, while core PCE, the Federal Reserve’s preferred gauge, increased 0.4% month-on-month and eased slightly to 3% on a yearly basis.Investors are now awaiting further cues from incoming economic data, including weekly jobless claims, even as geopolitical risks continue to drive market direction.

Oil pared early gains while stocks moved higher after Israeli Prime Minister Benjamin Netanyahu said Israel has agreed to direct talks with Lebanon, signaling potential easing of tensions at a key flashpoint in the Iran ceasefire negotiations.

Brent crude slipped from session highs to trade up about 2.2% above $96 per barrel after briefly nearing $99. Meanwhile, US benchmark West Texas Intermediate (WTI) crude rose around 5.5%, hovering just below $100 per barrel after crossing $102 earlier in the day.

On Wall Street, the S&P 500 and Dow Jones Industrial Average gained roughly 0.5%, while the Nasdaq Composite advanced 0.7% to session highs.

US stocks recovered from early losses on Thursday and moved into positive territory.At 21:40 IST, the S&P 500 was up 0.6%, while the Nasdaq Composite gained 0.8%. The Dow Jones Industrial Average also advanced more than 250 points, or 0.5%. This comes after a weak opening, when all three indices were in the red, with the Dow falling over 250 points.

At 21:35 IST, crude oil prices traded higher with WTI at $99.71, up 5.61%, Brent at $96.90, gaining 2.27%, and Murban at $100.4, rising 2.80%, while natural gas declined 2.13% to $2.666.The US economy lost momentum in the final quarter of the year, with growth slowing more than expected as the impact of last year’s government shutdown rippled through activity.Data from the Commerce Department showed gross domestic product (GDP) expanded at an annualised pace of 0.5% in the October–December period, revised down from an earlier estimate of 0.7%. The reading marks a sharp deceleration from 4.4% growth in the previous quarter and 3.8% in the three months before that.A key drag came from federal spending, which fell at a 16.6% annualised pace during the quarter as the 43-day shutdown hit government operations. The decline shaved 1.16 percentage points off overall GDP growth.Consumer spending, a key pillar of the US economy, also softened. It grew at a 1.9% pace, lower than both the previous estimate and the stronger 3.5% expansion seen earlier in the year.For the full year, the economy grew 2.1% in 2025, slowing from 2.8% in 2024 and 2.9% in 2023, pointing to a broader loss of momentum.The outlook remains uncertain. Rising energy prices and disruptions to global trade stemming from the US-Israel conflict with Iran have added fresh risks, clouding the trajectory for growth in the months ahead.

Gold advanced for a third day as traders weighed the prospect of a diplomatic resolution to the Iran war, even as ongoing tensions threatened to derail a fragile ceasefire.

Bullion traded around $4,770 an ounce, extending a 1.5% gain over the previous two sessions. Iran accused the US of violating the truce while the Trump administration disputed the ceasefire terms and Iran’s compliance, with the Strait of Hormuz still effectively closed. Oil recovered after its biggest one-day drop since April 2020, while stocks fell and a gauge of the dollar was little changed on Thursday.Morgan Stanley’s spot bitcoin ETF made a muted market debut, clocking about $34 million in trading volume on its first day, a far cry from the blockbuster launches that defined the category’s early days.The Morgan Stanley Bitcoin Trust (MSBT) enters an increasingly crowded field but signals a new phase of competition, one driven less by hype and more by pricing and distribution. With a fee of 0.14%, the lowest among peers, the fund undercuts rivals, including BlackRock’s iShares Bitcoin Trust (IBIT), which charges 0.25%.That pricing advantage, coupled with Morgan Stanley’s extensive network of financial advisors, could reshape flows over time, even if the initial response appears measured.The contrast with IBIT’s debut is stark. BlackRock’s fund saw $1 billion in trading volume on day one in 2024, buoyed by pent-up demand after years of regulatory delays and peak market enthusiasm. Today, IBIT holds about $56 billion in assets, but MSBT’s entry is likely to intensify pressure on incumbents.For now, the focus shifts to whether Morgan Stanley can translate its distribution muscle into sustained inflows and gradually chip away at the dominance of early movers.Oil prices climbed sharply on Thursday, with US crude reclaiming the $100 mark, as markets reassessed the durability of the US-Iran ceasefire.West Texas Intermediate (WTI) crude for May delivery rose more than 6% to $100.27 per barrel as of 9:51 a.m. ET. Meanwhile, Brent crude futures for June gained nearly 4% to $98.26.The move comes as investors recognise that Iran continues to control access to the Strait of Hormuz, a critical artery for global oil flows, despite the announcement of a two-week ceasefire with the US.The rebound in prices suggests that while hostilities may have paused on paper, supply risks tied to the strait remain firmly in play—keeping energy markets on edge.US stock futures edged lower on Thursday, trimming part of the previous session’s sharp rally, as investors assessed the fragility of the US-Iran ceasefire and a renewed rise in oil prices.

The S&P 500 dropped 0.2% shortly after the opening bell, while the Nasdaq Composite hovered around the flatline. The Dow Jones Industrial Average shed 204 points, or 0.4%.On the previous Wednesday session, the S&P 500 jumped 2.5%, the Nasdaq surged 2.8%, and the Dow gained over 1,300 points for its best session since April 2025.However, uncertainty around the deal has resurfaced. Iran has reportedly halted tanker traffic again, citing continued strikes by US ally Israel, raising fresh concerns over the stability of the agreement and the flow of global oil supplies.Oil prices moved higher, with WTI crude rising 5.55% to $99.65, Brent crude gaining 3.47% to $98.04, and Murban crude up 4.57% to $102.1 at 18:50 IST. Meanwhile, natural gas edged 0.15% lower to $2.720, amid concerns about the durability of the US-Iran ceasefire.The core personal consumption expenditures (PCE) price index rose 3% in February, in line with expectations.Meanwhile, the headline PCE inflation measure increased 2.8%, also matching consensus estimates.Dow Jones Live Updates: Initial jobless claims increased to 219,000 for the week ended April 4, coming in higher than expectations of 210,000, according to data from the US Department of Labor. The figure also rose from the previous week’s 203,000.Meanwhile, continuing claims, which reflect the number of people still receiving unemployment benefits, fell to 1.79 million for the week ended March 28, below both estimates of 1.83 million and the prior week’s 1.83 million.NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.