US Energy Secretary Wright says that gasoline prices peaked over a week or so ago
The statement from US Energy Secretary Wright indicating that gasoline prices have peaked suggests a potential easing of upward pressure on inflation, as fuel prices significantly influence consumer costs.
United Parcel Service (UPS) and FedEx (FDX) have begun filing for some tariff refunds, CNBC reports; any money could take months to reach customers
US House could vote on a budget resolution next week, Politico reports
US Energy Secretary Wright says that gasoline prices peaked over a week or so ago
US EQUITY OPEN: Indices contained as US/Iran headlines dominate amid plenty of stock-specific stories
Newsquawk European Market Wrap - 21st April 2026
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If confirmed, this could impact market sentiment toward energy stocks and inflation expectations, particularly considering the ongoing concerns around energy supply and demand dynamics. Traders may want to monitor price movements in related commodities and the broader implications for consumer sentiment and spending.
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