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