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US futures wobble as Hormuz tensions shadow Q2 earnings week
1 day ago•Source: Investing.com
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194.345 min•28 days ago
Iran Peace Hopes Spark Mixed Wall Street as SpaceX Rally Extends
Wall Street opened mixed as investors awaited details of the U.S.–Iran interim peace deal: the S&P 500 slipped about 0.2%, the Nasdaq fell around 0.5%, while the Dow rose to a record above 52,000; SpaceX extended its rally after last week’s debut, pushing its valuation toward that of Alphabet, Apple and Nvidia. Brent crude slid below 80 as oil cooled, while traders geared up for the Federal Reserve’s two‑day meeting and other central‑bank moves.
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Nvidia-driven AI optimism lifts US stock futures as tensions persist
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Credit Suisse Triggers Global Bank Sell-Off, U.S. Stocks Tumble.
US stocks fell as Credit Suisse's financial troubles added pressure to the banking system, with the bank's stock plunging 24% after the Saudi National Bank said regulations prevented it from providing further financial assistance. Meanwhile, fresh economic data showed a greater-than-expected contraction in retail sales in February, stoking hopes for a less aggressive Federal Reserve. Bank stocks had recovered somewhat on Tuesday after a rout on Monday, but regional banks were under pressure again on Wednesday.