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U.S. stocks and oil prices flip-flopped as uncertainty rose about what will happen following a two-week ceasefire in the war with Iran, which is set to expire Wednesday.
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Stock index futures gain on hopes of US.-Iran talks, retail sales data and Warsh hearing on tap
June S&P 500 E-Mini futures (ESM26) are up +0.35%, andJune Nasdaq 100 E-Mini futures (NQM26) are up +0.40% this morning on hopes for further U.S.-Iran talks that could advance a Middle East peace deal.
・ Stock Index Futures Muted as Oil Prices Resume Advance After Iran Strikes, FOMC Meeting in Focus ・ Stocks Set to Open Higher as Bond Yields Fall, Fed Meeting and Middle East Conflict in Focus Get exclusive insights with the FREE Barchart Brief newsletter. Sign up for a midday guide to what's moving stocks, sectors, and investor sentiment.
Last time momentum measures were this high indices saw notable pullbacks in the next few weeks
Stock futures were little changed ahead of an important inflation reading Friday, while oil prices advanced modestly as investors closely monitor Middle East developments.
The Nasdaq 100 officially entered correction territory on Friday as the war in Iran drove the fifth straight week of stock losses. The tech-heavy stock index dropped 2% on Friday to around 23,138, its lowest level in about seven months. The index is down ...
U.S. stock indexes slipped and gave back some of their rallies from the day before, while oil prices got back to rising. The S&P 500 fell 0.4% Tuesday after yo-yoing through the day. The Dow Jones Industrial Average dipped 0.2%, and the Nasdaq composite ...
European stock indexes jump after Iran's foreign minister said the Strait of Hormuz is "completely open" to commercial vessels. Oil prices slide, with the energy-sensitive German DAX jumping 2.2%. The Europe-wide Stoxx 600 gains 1.
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The U.S. stock market set more records after GE Vernova and other big companies joined the parade reporting fatter profits for the start of the year than analysts expected. But caution still hung over Wall Street Wednesday,