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Trump rejects Iran deal, pushing energy prices higher amid ongoing Middle East tensions.

Market News
28 Sep 2026
Seeking Alpha
View Source
Bearish
Trump rejects Iran deal, pushing energy prices higher amid ongoing Middle East tensions.

President Trump's rejection of Iran's latest proposal signals no immediate resolution to the Middle East conflict, causing energy prices to rise again. US diesel prices remain high at $6.45 with distillate stocks near seasonal lows, adding economic pressure. While AI optimism supports Nasdaq-100 and S&P 500, other indices like Dow Jones and Russell 2000 reflect economic weakness. Rising US bond yields also pose a challenge to continued investment in AI stocks.

President Trump's rejection of Iran's proposal comes as 38 Energy-sector US stocks on Pluang show mixed performance, with 14 rising and 24 falling as of Sep 29, 2026 03:12 WIB. Among these, Occidental Petroleum Corporation (OXY) traded at USD 56.88 with a 1-day change of -2.02% and a typical hold time of 91 days, while Williams Companies Inc (WMB) saw 100% buy orders at USD 69.24 despite a 1.90% drop. Tidewater Inc (TDW) also declined by 1.81% to USD 83.21, reflecting varied investor sentiment in the energy sector.

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Several high-volume stocks plunge sharply amid profit-taking despite positive updates.

Several high-volume stocks plunge sharply amid profit-taking despite positive updates.

Several high-volume stocks including ITG Inc, Adicet Bio, Jaguar Health, Ocular Therapeutix, and Greenland Mines experienced sharp declines despite recent positive company news. The drops, ranging from about 19% to over 32%, appear driven by profit-t...

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Stocks jump on clinical trial updates, acquisition deals, and trading momentum.

Stocks jump on clinical trial updates, acquisition deals, and trading momentum.

Kodiak Sciences surged 178% following positive Phase III trial updates for a wet age-related macular degeneration treatment. Lifecore Biomedical rose 55% after agreeing to a $663.7 million acquisition by Webster Equity Partners. YD Bio gained 22%, li...

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Bullish
44 minutes ago
Lifecore Biomedical shares jump 55% on acquisition news, analyst downgrades to Hold.

Lifecore Biomedical shares jump 55% on acquisition news, analyst downgrades to Hold.

Lifecore Biomedical's stock surged 55.24% to $6.52 after announcing an acquisition by Webster Equity Partners offering $6.28 per share in cash plus potential Contingent Value Rights up to $9.67 per share. The deal values the company at up to $663.7 m...

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Bullish
1 hour ago
Espey director sells shares amid stock valued 112% above fair value despite strong earnings.

Espey director sells shares amid stock valued 112% above fair value despite strong earnings.

A director of Espey Manufacturing and Electronics Corp sold 100 shares at $64.49 each, reducing his holdings to 20,550 shares. This insider sale happened after the company reported strong 2026 financial results, including net sales growth to $46.1 mi...

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Neutral
1 hour ago
Vail Resorts beats Q4 revenue estimates, targets $106M in cost savings for profit boost

Vail Resorts beats Q4 revenue estimates, targets $106M in cost savings for profit boost

Vail Resorts reported Q4 earnings per share of -$5.34, slightly better than expected, with revenue of $278.1 million surpassing estimates. The company benefited from a 5.2% rise in mountain revenues, driven by strong pass sales in Australia and stabl...

Company Fundamentals
Bullish
1 hour ago
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