Stock Rally Braced for Two Big Tests: Fed Leadership and Iran Cease-Fire
TL;DR
Market highs face two looming risks this week: Kevin Warsh’s Senate confirmation for Fed chair and a Wednesday Iran cease-fire deadline. Oil prices jumped as tensions persisted, testing confidence in a quick de-escalation, while traders await Warsh’s stance on inflation and Fed independence and monitor earnings from big tech to gauge whether the rally can sustain its run to new records.
- The stock market’s record rally now faces these two big risks MarketWatch
- MARKET CALL: Animal Spirits Are Back Yardeni QuickTakes
- Stock Market’s Rally to Record High Masks Weak Building Blocks Bloomberg.com
- Charting the Markets: New Highs Cannot Be Anything but Bullish TheStreet Pro
- Short Covering Rally Or Is The Bull Market Back? Real Investment Advice
Want the full story? Read the original reporting
Read on MarketWatch