Stock market today: Dow, S&P 500, Nasdaq waver, oil slides as Wall Street weighs Iran war signals
View original at finance.yahoo.comStock market today: Dow, S&P 500, Nasdaq waver, oil slides as Wall Street weighs Iran war signals US stocks wavered to open Tuesday's trading session as investors weighed President Trump's hint at a fast end to the Iran war, which sent oil prices sliding and raised hopes of limited economic fallout from the conflict…
What we drew from this source
The claims Via News extracted from this document. We point to the source; we don't replace it.
The war is very complete, pretty much
60% confidenceDemand for HPE's products and solutions was strong, with orders increasing double digits year over year across all segments
60% confidenceAramco can ramp up oil shipments in days not weeks once Strait of Hormuz normalizes
60% confidenceAll Aramco areas are safe and operating normally, with Ras Tanura starting up following precautionary shutdown after drone interception
60% confidenceThe US hasn't won enough and will not allow a terrorist regime to hold the world hostage and attempt to stop the globe's oil supply
60% confidenceThe Iran war is the biggest crisis the region's oil and gas industry has faced
60% confidenceThe Middle East is a concentrated source of supply through the Strait of Hormuz, a narrow passage that much of the world supply has to travel through
60% confidenceThe Middle East is a concentrated source of supply through the Strait of Hormuz, a narrow passage that much of the world supply has to travel through
60% confidenceThe US would not relent until Iran is defeated
60% confidenceThe US is very far ahead of estimated timeline
60% confidenceAn oil tanker has exploded near Abu Dhabi
60% confidenceIsrael's offensive is not done yet
60% confidenceWe now have a soft labor market, moderately elevated inflation and more modest fiscal support, setting us up for a more dovish Fed response if the oil shock is persistent
60% confidenceExpecting a hawkish response from the Fed to rising oil prices could be a mistake
60% confidenceIsrael's offensive is not done yet
60% confidenceThe Iran conflict could end very soon
60% confidenceThe US-Israel offensive has effectively cut off Iran's naval and air capabilities
60% confidenceThe US would not relent until Iran is defeated
60% confidenceIf the Strait of Hormuz is not reopened soon, consequences will be catastrophic for the global economy
60% confidenceThe US hasn't won enough
60% confidenceSupply shocks create risks to both sides of the Fed's dual mandate
60% confidenceWhen Russia invaded Ukraine, the u-rate was below 4%, core PCE inflation was over 5%, payrolls were running at 500k/month and consumers were flush with Covid stimulus cash. By contrast, we now have a soft labor market, moderately elevated inflation and more modest fiscal support. This sets us up for a more dovish Fed response if the oil shock is persistent
60% confidenceAramco can ramp up oil production in days and not weeks once Strait of Hormuz reopens
60% confidenceThe Iran conflict could end very soon
60% confidenceThe war is very complete, pretty much
60% confidenceExxon is focused on making sure people operating JVs in different countries have been safely evacuated
60% confidenceThe Iran war threatens catastrophic consequences for oil and the global economy
60% confidenceExpecting a hawkish response from the Fed to rising oil prices could be a mistake
60% confidenceMarkets are global. Prices are connected. Exxon has a diversified set of supply sources to keep operations running and meet demand
60% confidenceThe US-Israel offensive has effectively cut off Iran's naval and air capabilities
60% confidence