Stocks Climb on US-Iran Peace Talk Optimism and a Favorable PPI Report
View original at nasdaq.comStocks Climb on US-Iran Peace Talk Optimism and a Favorable PPI Report The S&P 500 Index ($SPX) (SPY) today is up +0.39%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.13%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.76%…
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Faster inflation due to the Iran war doesn't make an interest rate hike self-evident
60% confidenceStripping out the technology sector, Q1 earnings are projected to increase around 3%, the weakest in two years
60% confidenceScott Kirby floated a possible combination with American Airlines
60% confidenceUS and Iran are considering negotiations to extend a two-week ceasefire that expires on April 22, and could resume talks this week in Pakistan
60% confidenceThom Tillis will not vote in favor of Kevin Warsh until the Trump administration drops its threat to prosecute Fed Chair Powell for cost overruns on the Fed building
60% confidenceNvidia denied a report that it was seeking to acquire Dell Technologies or HP Inc.
60% confidenceIran would target all ports in and close to the Persian Gulf if its own shipping hubs are threatened
60% confidenceTim Scott is optimistic that the Trump administration will soon drop its investigation into Fed Chair Powell
60% confidencePresident Trump threatened to retaliate in the event of Iranian resistance to the naval blockade
60% confidenceQ1 S&P 500 earnings projected to climb +12% y/y
60% confidence
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| Citigroup Inc. · investment banking revenue | 1.33 USD |