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May 7, 2025

U.S. Stocks Close Lower As Investors Anticipate Trade News

New York: U.S. stocks closed lower for the second consecutive day, as investors await news on tariffs and trade deals.

According to Qatar News Agency, the S and P 500 closed down 44.86 points, or 0.78 percent, at 5,605.52. The Nasdaq Composite Index…

EIA: Higher Output, Economic Uncertainty Drive Oil Volatility

Washington: Perceptions of oversupply among oil market participants from increasing OPEC+ output and uncertainty about the economic impact of tariffs have raised short-term oil price volatility, the US Energy Information Administration said.

Accordin…

4.4-Magnitude Earthquake Hits Japan

Tanegashima: An earthquake measuring 4.4 magnitude on the Richter scale struck off Tanegashima island in Japan on Wednesday.

According to Qatar News Agency, the Japan Meteorological Agency stated that the quake occurred off the southeastern coast o…