[Chart courtesy of MarketWatch.com] The major indexes kicked things off on a mixed note, while oil prices slid as traders weighed the latest developments in Iran negotiations and looked ahead to key inflation data the Fed is watching closely. Oil was a big story. Brent crude turned lower after mediators in Qatar and Pakistan indicated that U.S. and Iranian officials …
Markets Shake Off Fed Jitters, Ride Chip Surge And Iran MOU News
[Chart courtesy of MarketWatch.com] U.S. stocks got off to a strong start, with traders looking to bounce back after the prior session’s sell-off, which was triggered by the Fed hinting that another rate hike this year isn’t off the table. While the Fed held rates steady, its more hawkish tone took some of the wind out of the market’s sails. …
Markets Rattle After Hawkish Fed Surprise Shifts The Mood
[Chart courtesy of MarketWatch.com] The Dow kicked things off on a strong note, hitting a fresh intraday all-time high as oil prices ticked higher and traders waited on the Fed’s latest decision. Oil got a bit of a boost after Trump said a deal with Iran still isn’t finalized, warning the U.S. could “go right back to dropping bombs” if …
Mixed Markets: SpaceX Soars, Tech Slides, Oil Drops
[Chart courtesy of MarketWatch.com] The S&P 500 started the day pretty flat, while the Dow was still riding the momentum from its fresh record close in the previous session, helped by optimism around a potential U.S.–Iran deal. One of the biggest stories was SpaceX, which kept its post-IPO hype going with another 10% jump. The move briefly pushed its market …
Markets Rip Higher As Trump Walks Back Iran Threats
[Chart courtesy of MarketWatch.com] U.S. stocks got off to a solid start, helped by a bounce in chip names after taking a beating earlier in the week—even as tensions between the U.S. and Iran heated up. Oil spiked early after Trump posted that the U.S. would hit Iran “VERY HARD TONIGHT” and even floated taking control of key oil infrastructure …
Red Across The Board As Geopolitics And Deleveraging Fears Grow
[Chart courtesy of MarketWatch.com] Stocks started the day on shaky footing and never really found their balance. Early selling kicked in after President Trump said talks with Iran were “taking too long” and hinted at further action. In a post Wednesday morning, he warned Iran had missed its chance at a favorable deal and would now “have to pay the …