{"id":61342,"date":"2026-04-27T21:38:20","date_gmt":"2026-04-28T01:38:20","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-diverge-as-trump-rejects-iran-proposal-catl-plans-5b-raise-while-lg-and-hyundai-surge\/61342\/"},"modified":"2026-04-27T21:38:20","modified_gmt":"2026-04-28T01:38:20","slug":"global-markets-diverge-as-trump-rejects-iran-proposal-catl-plans-5b-raise-while-lg-and-hyundai-surge","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-diverge-as-trump-rejects-iran-proposal-catl-plans-5b-raise-while-lg-and-hyundai-surge\/61342\/","title":{"rendered":"Global Markets Diverge as Trump Rejects Iran Proposal; CATL Plans $5B Raise While LG and Hyundai Surge"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-diverge-as-trump-rejects-iran-proposal-catl-plans-5b-raise-while-lg-and-hyundai-surge\/61342\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-diverge-as-trump-rejects-iran-proposal-catl-plans-5b-raise-while-lg-and-hyundai-surge\/61342\/#Geopolitical_Tensions_Drive_Energy_and_Commodity_Shifts\" >Geopolitical Tensions Drive Energy and Commodity Shifts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-diverge-as-trump-rejects-iran-proposal-catl-plans-5b-raise-while-lg-and-hyundai-surge\/61342\/#Corporate_Movers_Tech_Gains_and_EV_Battery_Headwinds\" >Corporate Movers: Tech Gains and EV Battery Headwinds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-diverge-as-trump-rejects-iran-proposal-catl-plans-5b-raise-while-lg-and-hyundai-surge\/61342\/#Macroeconomic_Pressures_in_Asia\" >Macroeconomic Pressures in Asia<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-diverge-as-trump-rejects-iran-proposal-catl-plans-5b-raise-while-lg-and-hyundai-surge\/61342\/#Challenges_for_OpenAI_and_the_US_Auto_Market\" >Challenges for OpenAI and the U.S. Auto Market<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-diverge-as-trump-rejects-iran-proposal-catl-plans-5b-raise-while-lg-and-hyundai-surge\/61342\/#Regulatory_and_Retail_Developments\" >Regulatory and Retail Developments<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Brent crude<\/strong> is approaching <strong>$110 per barrel<\/strong> after <strong>President Trump<\/strong> expressed dissatisfaction with <strong>Iran&#39;s<\/strong> latest proposal, citing a failure to address nuclear concerns.<\/li>\n<li><strong>CATL<\/strong> (<a href=\"\/stock\/300750\">300750<\/a>) shares are set to drop nearly <strong>6.7%<\/strong> following news of a <strong>$5 billion share placement<\/strong>, even as other Asian tech and auto giants like <strong>LG Electronics<\/strong> and <strong>Hyundai<\/strong> post massive gains.<\/li>\n<li><strong>Japan\u2019s Finance Minister Katayama<\/strong> has signaled readiness to intervene in currency markets to combat volatility driven by surging oil prices.<\/li>\n<li><strong>OpenAI<\/strong> has reportedly missed critical revenue and user milestones, potentially complicating its trajectory toward a highly anticipated <strong>IPO<\/strong>.<\/li>\n<li>The <strong>FDA<\/strong> has proposed withdrawing approval for the drug <strong>Tavneos<\/strong>, stating the treatment has failed to demonstrate effectiveness for its approved use.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Geopolitical_Tensions_Drive_Energy_and_Commodity_Shifts\"><\/span>Geopolitical Tensions Drive Energy and Commodity Shifts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Brent crude<\/strong> prices surged toward <strong>$110 a barrel<\/strong> as <em>geopolitical uncertainty<\/em> intensified following <strong>President Trump\u2019s<\/strong> rejection of <strong>Iran\u2019s<\/strong> latest proposal to end regional conflict. A U.S. official noted that the President was &quot;unhappy&quot; with the offer because it failed to address <strong>Iran\u2019s nuclear program<\/strong>, leading <strong>Goldman Sachs<\/strong> to raise its oil price forecasts.<\/p>\n<p><strong><a href=\"https:\/\/stockmarketwatch.com\/metal\/gold\" data-internallinksmanager029f6b8e52c=\"4\" title=\"gold price today\">Gold<\/a><\/strong> prices edged higher as investors sought safety while assessing the stalled negotiations. <strong>Senator Marco Rubio<\/strong> echoed the administration&#39;s skepticism, questioning whether the <strong>Iranian officials<\/strong> presenting the offer had the actual authority to implement it, emphasizing that stopping a nuclear-armed <strong>Iran<\/strong> remains the core U.S. priority.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Corporate_Movers_Tech_Gains_and_EV_Battery_Headwinds\"><\/span>Corporate Movers: Tech Gains and EV Battery Headwinds<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Shares of <strong>LG Electronics<\/strong> (<a href=\"\/stock\/LGEIY\">LGEIY<\/a>) jumped <strong>10%<\/strong> following reports of a high-level meeting with <strong>Nvidia<\/strong> (<a href=\"\/stock\/NVDA\">NVDA<\/a>). This surge comes as <strong>Hyundai Motor Company<\/strong> (<a href=\"\/stock\/HYMTF\">HYMTF<\/a>) saw its gains widen to <strong>7.6%<\/strong>, buoyed by <em>optimism in the South Korean automotive sector<\/em>.<\/p>\n<p>In contrast, Chinese battery giant <strong>CATL<\/strong> (<a href=\"\/stock\/300750\">300750<\/a>) is facing downward pressure, with shares expected to open <strong>6.7% lower<\/strong> in Hong Kong. The decline follows a <em>Wall Street Journal<\/em> report that the company aims to raise <strong>$5 billion<\/strong> through a massive share placement.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Macroeconomic_Pressures_in_Asia\"><\/span>Macroeconomic Pressures in Asia<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Japan\u2019s Finance Minister Katayama<\/strong> announced plans to coordinate closely with the <strong>U.S.<\/strong> and take &quot;decisive action&quot; if necessary to stabilize the <strong>Yen<\/strong>. He noted that extreme volatility in <strong>crude oil futures<\/strong> is spilling over into forex markets and plans to review currency swap arrangements with Asian nations ahead of upcoming <strong>ADB<\/strong> and <strong>ASEAN+<\/strong> talks.<\/p>\n<p>The <strong>People&#39;s Bank of China (PBOC)<\/strong> set the <strong>yuan reference rate<\/strong> at <strong>6.8589<\/strong> against the dollar, a significant weakening from the previous <strong>6.8275<\/strong>. Meanwhile, <strong>Japanese Government Bond (JGB)<\/strong> yields showed a mixed trend, with the <strong>20-year yield<\/strong> climbing to <strong>3.335%<\/strong> while the <strong>40-year yield<\/strong> dropped to <strong>3.875%<\/strong>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Challenges_for_OpenAI_and_the_US_Auto_Market\"><\/span>Challenges for OpenAI and the U.S. Auto Market<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>OpenAI<\/strong> has reportedly missed internal revenue and user growth goals, according to the <em>Wall Street Journal<\/em>. These setbacks come at a critical time as the artificial intelligence leader accelerates its preparations for a potential <strong>IPO<\/strong>, raising questions about its <em>valuation sustainability<\/em>.<\/p>\n<p>The U.S. automotive market faces further disruption as the <em>WSJ<\/em> reports that <strong>foreign automakers<\/strong> may withdraw their lowest-priced models from the <strong>U.S.<\/strong> if no trade agreement is reached. This development could significantly impact consumer choice and <em>inflationary pressures<\/em> in the transport sector.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Regulatory_and_Retail_Developments\"><\/span>Regulatory and Retail Developments<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>FDA\u2019s Center for Drug Evaluation and Research (CDER)<\/strong> has proposed pulling the approval for <strong>Tavneos<\/strong>. New evidence suggests the drug is not effective for its approved use, though it will remain available until a final mandate from the <strong>FDA commissioner<\/strong> or a voluntary withdrawal by the manufacturer.<\/p>\n<p>In the retail sector, <strong>Claire&#39;s<\/strong> has shuttered all <strong>154 standalone outlets<\/strong> across the <strong>UK and Ireland<\/strong>. The move by the jewelry and accessory retailer has resulted in the loss of over <strong>1,300 jobs<\/strong>, highlighting the <em>ongoing struggles of brick-and-mortar retail<\/em> in the region.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Brent crude is approaching $110 per barrel after President Trump expressed dissatisfaction with Iran&#39;s latest proposal, citing a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[5012],"tags":[7282,3591,12999,4462,4664,5112,5142,5317,5833,6726,6835],"class_list":["post-61342","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","tag-catl","tag-forex","tag-cder","tag-brent-crude","tag-iran","tag-jgb","tag-pboc","tag-openai","tag-fda","tag-lg-electronics","tag-hyundai"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/61342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=61342"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/61342\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50383"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=61342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=61342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=61342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}