"Stocks Rebound as Wall St Shakes Off Mideast Tensions"

1 min read
Source: Reuters
"Stocks Rebound as Wall St Shakes Off Mideast Tensions"
Photo: Reuters
TL;DR Summary

Wall Street's main stock indexes rebounded after a previous sell-off, with escalating tensions in the Middle East and disappointing earnings from some big U.S. banks causing investor wariness. Defense stocks rose amid Mideast jitters, while Goldman Sachs gained after its first-quarter profit beat estimates. U.S. retail sales rose in March, and most megacap growth stocks edged higher, but Apple fell after a drop in smartphone shipments, and Salesforce dipped on reports of a likely Informatica deal.

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