[Chart courtesy of MarketWatch.com] The major indexes opened slightly higher after wrapping up a solid winning week on Wall Street, even as oil prices pushed up following President Trump’s rejection of Iran’s latest proposal to end the war. Iran had sent a new counteroffer to U.S. negotiators that called for ending the conflict on all fronts and lifting sanctions on …
Another Day, Another Headline‑Driven Reversal
[Chart courtesy of MarketWatch.com] The S&P 500 pushed to a fresh all‑time intraday high early on as oil prices fell for a second straight day, fueled by hopes that the U.S. and Iran are closing in on an agreement to end the war. The Nasdaq joined in with a new record of its own, while the Dow hovered around the …
Stocks Party, Oil Crashes—For Now
[Chart courtesy of MarketWatch.com] The major indexes took off right from the opening bell after reports surfaced that the U.S. and Iran are closing in on a deal to end the war. According to Axios, sources say both sides are nearing an agreement that could finally bring the conflict to a close. The framework reportedly includes a moratorium on nuclear …
Oil Up, Rates Jump, And Stocks Lose Their Footing
[Chart courtesy of MarketWatch.com] The major indexes were mostly flat early on, but the Russell 2000 stole the spotlight, hitting a new all‑time intraday high. Meanwhile, fresh developments out of the Middle East pushed oil prices higher and reignited concerns about broader regional instability. The Dow took a hit as the session unfolded, though it managed to bounce well off …
Stocks Aim For A Strong Finish Despite Mixed Signals
[Chart courtesy of MarketWatch.com] All three major indexes opened the day in positive territory, but the Dow clearly stole the show, surging more than 1% early on thanks to a strong earnings report from caterpillar, which jumped 9%. That strength helped keep the broader market afloat even as technology struggled. Tech was a different story. Meta platforms and Microsoft weighed …
Higher Oil, Hawkish Powell, And A Market Going Nowhere
[Chart courtesy of MarketWatch.com] The S&P 500 spent most of the session hovering near unchanged, while oil prices kept pushing higher amid an ongoing U.S. blockade of Iranian ports. With energy prices climbing, traders stayed cautious heading into a packed stretch of catalysts. Markets were also focused on what could be Jerome Powell’s final policy meeting as Federal Reserve chair, …