For most of the week, markets have traded as if the Iran war were over. The S&P 500 set a third straight record high while the Nasdaq Composite is on its longest winning streak since 1992. Hope for Middle East Read More …
The conflict in the Middle East, coupled with the economic uncertainty it has generated, is overshadowing what is typically the peak season for home sales, resulting in a reduced number of buyers for some sellers. The ongoing conflict with Iran Read More …
The major U.S. index futures indicate a higher opening on Friday, suggesting that stocks are poised to continue the upward trajectory observed in recent sessions. The markets could persist in capitalizing on the optimism surrounding the prospective conclusion of the Read More …
Currently, there is an increasing likelihood that the US central bank might not only postpone a rate cut but could potentially raise rates, especially if the inflationary pressures resulting from the US-Israeli conflict with Iran turn out to be enduring. Read More …
The major U.S. index futures indicate a modestly higher opening on Thursday, suggesting that stocks are poised to continue the robust upward trajectory observed in recent sessions. The markets are likely to sustain the recent upward momentum that contributed to Read More …
President Donald Trump indicated that he intends to dismiss Federal Reserve Chair Jerome Powell should he fail to resign when his term at the head of the central bank concludes next month. “Then I’ll have to fire him,” Trump stated Read More …
Following the gain over the last two sessions, stocks are expected to exhibit a lack of direction in early trading on Wednesday, according to the major U.S. index futures, which are now pointing to a fairly flat opening. After the Read More …
Kevin Warsh, a former Federal Reserve Governor and President Donald Trump’s nominee for the next Fed chair, is scheduled to provide testimony before the Senate Banking Committee next week. Sen. Tim Scott hinted during a Tuesday morning interview that the Read More …
After closing dramatically higher, key U.S. index futures point to a stronger open on Tuesday, with equities poised to rise further. Wall Street is rising amid optimism over a second round of U.S.-Iran talks to end the Middle East crisis. Read More …
Iran has been successfully navigating its economic standoff with President Donald Trump. The recent blockade of the Strait of Hormuz by Trump underscores the United States’ steadfastness in its geopolitical stance. However, the considerable new measure taken by America introduces Read More …