Daily Stock Market Report (Thu 7th May 2026) - BA., JD., MGAM, SFOR, HTWS, HBR
Good morning!
Hopes of a Middle East deal continued to buoy markets overnight, with Japan’s Nikkei 225 index up 6%. Press reports suggest Iran is reviewing a US-backed proposal that might allow negotiations over Iran’s nuclear program to be pushed back to a later stage.
The suggestion is that President Trump is now keen to find a route out of the current conflict, which has seen average US gas prices rise above $4.50 per gallon and is becoming unpopular with US voters.
After solid gains for stock indices yesterday and a sharp move lower for oil, markets are expected to open broadly flat this morning:
The FTSE 100 to open up by 0.2% at 10,460Samp;P 500 to open up by 0.1% at 7,369Brent Crude at $101 a barrelGold at $4,705/oz
The market has flip-flopped a number of times during the conflict, making it hard for investors to know how to successfully position themselves. In a new article yesterday, Gareth looked at some ideas for companies that are poised to benefit from volatility and uncertainty itself, regardless of the eventual outcome. I’d recommend taking a look if you haven’t seen it.