A mixed opening on Wall Street; Oil prices are climbing

15:35

A mixed opening on Wall Street, after the US inflation data for the month of February was published about an hour ago (see detail below). The Nasdaq index advances by about 0.3%, the S&P 500 climbs by about 0.1% and the Dow Jones weakens by about 0.2%.

The software giant’s stock oracle Jumps over 10% at the start of the trading day, after its financial results for the third fiscal quarter of 2025. beat analysts’ forecasts. The company also raised its forecast for fiscal year 2027 from $89 billion to $90 billion. This, while the analysts expected its forecast to be 86.6 billion dollars.

14:30

The US Bureau of Statistics has published the Consumer Price Index (CPI) data for the month of February. The data show a monthly price increase of 0.3% in line with expectations, and after a 0.2% increase in January, the annual rate was 2.4% also in line with expectations and unchanged.

Although inflation data is a major factor in the Fed’s interest rate decisions, the markets’ reaction may be relatively limited. The reason is that the February figures do not yet reflect the recent spike in oil prices. After the US and Israel launched a joint military operation against Iran on February 28, the price of a barrel of WTI oil jumped from about $67 to more than $110, before correcting later.

11:30

The International Energy Agency is considering the release of emergency oil reserves on a scale that may be the largest in its history. A decision on the issue may be made as early as Wednesday, according to a source privy to the details.

According to the proposal on the table, the scope of the release may range from about 300 million to 400 million barrels of oil. The move was considered against the background of efforts by governments around the world to curb the surge in energy prices caused by the war in the Middle East.

Currently it is not helping much, the price of oil is now rising to $88 per barrel after trading at $83 this morning, on the local stock exchange, the oil and gas index is down 2%.

10:39

Trade in Europe is running on a negative trend due to the uncertainty related to the duration of the war in Iran. The Frankfurt Stock Exchange falls by 1%, Paris and London by 0.5%.

The reports of the International Energy Agency’s (IEA) intention to propose the release of the largest oil reserves in history led to an immediate reaction in the markets, with the price of gold jumping above the threshold of $5,200 per ounce.

This proposal, revealed in the Wall Street Journal, was designed to mitigate the supply shock caused by the war in the Middle East. This is a large-scale operation that is expected to exceed the release of the 182 million barrels that was carried out after the Russian invasion of Ukraine in 2022. At the same time as gold strengthened, crude oil prices lost their early gains, and the US dollar index, DXY, weakened.

08:29

In Asia this morning rates increased in most stock exchanges. In Japan, the Nikkei index rises by 1.5%, in South Korea, the Kospi index jumps by about 2%, stability is recorded in the Chinese markets, the Hang Seng index in Hong Kong and the Shanghai index remain unchanged.

Oil traded at $84 a barrel after a report that the International Energy Agency is considering the largest injection of oil in its history from the emergency reserves in order to curb the rise in energy prices, a step that bolstered investor confidence after recent sharp volatility in the markets.

On Wall Street, futures are up slightly as investors prepare for the publication of the consumer price index that may affect economic forecasts and the Fed’s interest rate policy.

In the report segment, Oracle shares jumped in the late deficit after the company posted better than expected results and presented a positive outlook for the future.

● The Israelis were not excluded: the new reporting obligation on Wall Street companies

Yesterday on Wall Street at the end of volatile trading, trading closed with a slight decrease. The leading indexes offset the gains as investors constantly scrutinize US President Donald Trump’s hints for a quick end to the war with Iran, while oil prices pared some of the declines.

The Dow Jones and the S&P 500 erased early gains and closed down 0.1% and 0.2%, after already posting declines earlier in the trade. The Nasdaq was unchanged after earlier climbing as much as 0.8%.

The technology giant Amazon Attracted record demand of about 126 billion dollars for its bond issue in the US, one of the largest corporate debt issues ever, according to sources familiar with the details. Earlier today it was announced that the company intends to raise 42 billion dollars. Amazon’s move joins a series of huge bond issues by large technology companies, the “hyperscalers”, who are preparing to invest hundreds of billions of dollars in AI infrastructure.

stock solaredge The Israeli one jumped by about 10%. Bank of America raised the recommendation for the stock and is no longer negative about it. The recommendation was raised from “Underperform” to “Neutral”, and the target price was jumped from $17 to $40, which is 8.4% higher than the current price.

Another Israeli that is attracting interest is Nyyat Anlight which fell by about 8%, it is possible that this is a correction after a jump of about 60% since the beginning of the year.

back yesterday Billionaire Bill Ackman plans to list his hedge fund firm and a new investment fund on the New York Stock Exchange. Pershing Square announced an initial public offering (IPO). The Wall Street Journal notes that the submitted document also reveals the details of Ackman’s compensation, and shows that in 2025 he will earn an income of approximately $142.8 million, a sharp jump compared to $46.6 million the previous year. Ekman did not receive a base salary, and his income came mainly from profit sharing and a mechanism for participating in the fund’s profits. The report also indicates that Pershing Square’s chief investment officer, Ryan Israel, 40 years old, received a total compensation of approximately $44 million in 2025.

In the commodity market, the price of gold rose yesterday after the US dollar weakened, as traders reassess the outlook for monetary policy following the drop in oil prices. Gold traded up 2% and at $5,210, silver rose 4% to $88.7 an ounce.

American oil traded this morning with another slight decrease, $83 per barrel. Yesterday evening it already fell by about 14% and around 80 dollars per barrel, while Brent oil traded above 83 dollars, a decrease of about 11%, the declines moderated later.

Oil prices are falling amid increasing statements from leaders around the world that policy measures can moderate the impact of the war with Iran on energy prices, even though the conflict continues to disrupt oil production and refinery operations in the Middle East.

The Director General of the International Energy Agency (IEA) Faith Birol announced that he convened a special meeting of the intergovernmental organization to assess the market situation. The meeting was held on Tuesday against the background of the sharp volatility in the energy markets.

At the same time, the G7 countries asked the agency to prepare scenarios for the release of oil from the emergency reserves, a step designed to stabilize the market in case the crisis in the Middle East continues to shake oil prices and global energy supply.

Despite the recent declines, oil prices are still more than 30% higher than the beginning of the year, when fears that the conflict in the Middle East will harm the supply of oil from the region are beginning to materialize.

The four largest oil producers in the region, Saudi Arabia, Iraq, the Emirates and Kuwait, together reduced oil production by approximately 6.7 million barrels per day. This was at a time when the war effectively closed the region’s main export route through the Strait of Hormuz, causing the storage tanks to fill up. In addition, the UAE’s largest refinery halted operations as a precaution after a drone attack occurred near the facility.

In the foreign exchange market, the shekel weakened slightly (about 0.4%) against the dollar and traded at about NIS 3.09. The DXY dollar index weakened for the third day in a row, amid an improvement in risk appetite in the markets after the US president hinted that the crisis with Iran may be nearing its end.