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US stock futures rise and oil prices fall as Trump announces plan to reopen Strait of Hormuz shipping.

Market News
03 May 2026
Market Watch
View Source
Bullish
pluang ai news

U.S. stock-index futures, including the Dow Jones, S&P 500, and Nasdaq-100, rose about 0.2% following President Donald Trump's announcement of a plan to partially reopen the Strait of Hormuz. This move aims to free neutral cargo ships stranded in the Persian Gulf due to the ongoing conflict with Iran. Oil prices fell in response to the news, reflecting expectations of improved shipping flow and reduced geopolitical risk. Bitcoin also edged higher, trading near $79,000, indicating cautious optimism in broader markets.

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TRUMP meme coin investors face $3.81B losses by June-end amid heavy retail buying.

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Nearly one million investors in the TRUMP meme coin had unrealized losses totaling $3.81 billion by the end of June, reflecting heavy retail participation and speculative hype around the politically branded token. These losses represent the gap betwe...

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Twelve Bitcoin wallets hold 1.35M BTC, with some actively growing and others dormant for years.

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FIFA overturns US striker Balogun's suspension after Trump call, sparking Solana meme token surge

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5 hours ago
XRP, Bitcoin, and Dogecoin show recovery attempts while Shiba Inu remains weak amid market selloffs.

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XRP is attempting a strong recovery, testing key resistance at its 50-day moving average, with bullish momentum returning but still facing significant resistance. Shiba Inu remains weak, trading below major moving averages and struggling to break key...

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Solana shows bullish signs with a key buy signal and strong trader confidence near $84 resistance.

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