HIGHGeneral
Oil steady after wild swing, stocks diverge in thin trading
🌍 GlobalMay 1, 2026 11:00SRC: AL MONITOR
INTELLIGENCE SUMMARY
Oil prices steadied and stocks diverged Friday in thin holiday trading, as investors awaited the next move in the Middle East crisis and digested corporate earnings. Several markets were shut in Europe and Asia for the May 1 holiday, including in France, Germany, Hong Kong and mainland China. Among markets that were open, Tokyo climbed while London fell, weighed by British bank NatWest, which reported higher quarterly net profit but warned economic conditions were deteriorating.
DETAILED REPORT
<p>Oil prices steadied and stocks diverged Friday in thin holiday trading, as investors awaited the next move in the Middle East crisis and digested corporate earnings.</p><p>Several markets were shut in Europe and Asia for the May 1 holiday, including in France, Germany, Hong Kong and mainland China.</p><p>Among markets that were open, Tokyo climbed while London fell, weighed by British bank NatWest, which reported higher quarterly net profit but warned economic conditions were deteriorating.</p>
AI THREAT SCORE56/100