Stock Rally Braced for Two Big Tests: Fed Leadership and Iran Cease-Fire

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Source: MarketWatch
Stock Rally Braced for Two Big Tests: Fed Leadership and Iran Cease-Fire
Photo: MarketWatch
TL;DR Summary

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.

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