Broader Market Rally Faces Crucial Test as Earnings Season Looms
In recent weeks, lesser-known sectors of the stock market have taken the lead, driving a rally that will soon face its next big challenge. While the S&P 500 has climbed 19% so far this year, much of that gain earlier in 2024 was fueled by major tech companies, especially those heavily invested in artificial intelligence. […]
Middle East Tensions Drive Oil Prices Higher, Stocks Mixed Amid Positive Job Data
Concerns about an escalating conflict in the Middle East drove stocks lower and oil prices higher in the previous session. While oil continued to climb on Wednesday, major stock indexes saw more restrained movement. On the economic front, investors received positive news this morning. ADP reported that the U.S. private sector added 143,000 jobs in […]
Major Stock Indexes Slide as Oil Prices Surge Following Iran’s Missile Strike on Israel
Global markets took a hit today as major stock indexes fell, and oil prices surged after Iran launched a series of missile strikes on Israel. The S&P 500, which had recently hit a record high, dropped around 0.8% in midday trading. At the same time, Treasury yields declined, reflecting a shift toward safe-haven assets like […]
