By William Collins, consultant in stock markets – Eurasia Business News, April 28, 2026. Article no 2093
U.S. stocks were broadly softer, with Nasdaq futures down more than 1% as AI-related concerns hit tech shares and oil prices moving higher. Gold was also under pressure, with spot gold quoted around $4,567.12 per ounce on that date, and another market note putting it near $4,620 per ounce in intraday trade.
The S&P 500 and Nasdaq Composite are lower today, reversing earlier records, while the Dow Jones Industrial Average gains slightly, supported by Coca-Cola’s strong earnings. The Dow hovered around 49,252, while the S&P 500 and Nasdaq struggled with tech sector pressure.
Brent crude was trading around $109.30 per barrel in early market data, while WTI was around $100.33 per barrel in front-month pricing. Urals crude was around $105.99 per barrel in a live price update.
The United Arab Emirates announced it would leave OPEC, dealing a heavy blow to the oil cartel as the war in Iran scrambles alliances and investment priorities among the world’s top oil producers.
Gold was trading in the $4.67k–$4.70k range per ounce on April 27–28.
Silver was trading in the $74.86–$75.28 range per ounce over the same period.
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