Stocks Hit Records on Strong Earnings Amid Iran War Fears
TL;DR Summary
Stocks closed at fresh highs as profits beat expectations across many companies, with S&P 500 earnings projected to be about 14% higher year over year and Q2 growth around 20% per analysts; investors remain hopeful for Fed rate cuts later this year despite ongoing tensions with Iran and volatile oil prices.
- How Wall Street is setting records even with the Iran war still going on NBC News
- Stocks are at record highs and shrugging off the war with Iran CNN
- Investors return to U.S. stocks as AI, earnings growth feed fear of missing out The Globe and Mail
- No Peace Plan, No Problem: Why the Wartime Market Keeps Rising WSJ
- US stocks rally to records, but Brent oil also tops $100 on worries about the Iran war AP News
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