Stocks Surge on Signs the US and Iran Seek to End War
View original at nasdaq.comStocks Surge on Signs the US and Iran Seek to End War The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +2.91%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +2.49%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +3.43%…
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2026 adjusted operating EPS forecast of $11-12
60% confidenceMore focused on the risks to inflation at this time
60% confidence2027 revenue forecast cut to $510-520 million from $545-559 million
60% confidenceConcerned inflation will get stuck closer to 3% as recent surge in energy prices will likely feed through to core inflation
60% confidenceCrude prices could exceed 2008 record high of close to $150 a barrel if flows through Strait of Hormuz remain depressed through March
60% confidenceECB can't rule out changes in interest rates already in April if energy prices remain at high level for long time
60% confidenceUS should wind down hostilities while pressuring Iran diplomatically to reopen the Strait
60% confidenceIran has necessary will to end this war, provided hostilities end on all fronts and Iran's sovereignty over Strait of Hormuz is recognized
60% confidenceRaised price target on Caterpillar to $700 from $625
60% confidenceIf diplomatic pressure fails, US will press allies in Europe and Gulf to take lead on reopening waterway
60% confidenceFull-year revenue forecast raised to $2.45-2.47 billion from $2.42-2.45 billion
60% confidenceMore than 40 energy sites across nine countries in Middle East have been severely or very severely damaged, potentially prolonging disruptions to global supply chains once Iran war ends
60% confidence
Cited in these Via News reports
- ECB Considers Emergency April Rate Move as Oil Surge Tests Central Banks Globally →
- ECB Eyes April Rate Reversal as Oil Shock Tests Global Central Bank Inflation Strategy →
- ECB Signals April Rate Hike as Oil Shock Erases Fed Cut Bets Across Major Economies →
- ECB Weighs April Rate Hike as Oil Shock Erases Global Easing Consensus →
- Global Central Banks Reverse Course on Rates as Iran Conflict Drives Energy Prices →
