Stocks Rally on US-Iran Peace Hopes and Cooler PPI Growth
View original at nasdaq.comStocks Rally on US-Iran Peace Hopes and Cooler PPI Growth The S&P 500 Index ($SPX) (SPY) today is up +0.77%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.59%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.98%…
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The Eurozone economy is between the baseline and the adverse projections in the ECB's base case, reflecting the war in Iran
60% confidenceSenator Thom 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% 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% confidenceQ1 S&P 500 earnings projected to climb +12% y/y, with earnings increasing around 3% excluding technology sector
60% confidenceIran would target all ports in and close to the Persian Gulf if its own shipping hubs are threatened
60% confidenceUnited Airlines CEO Kirby floated a possible combination with American Airlines
60% confidenceSenator Tim 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% confidenceFaster inflation due to the Iran war doesn't make an interest rate hike self-evident
60% confidence