All articles tagged with #market volatility
Benzinga Pro's earnings watchlist centers on Eli Lilly as the marquee name, with Lilly’s second-quarter print carrying an implied move of about 6.56%—roughly $65.9 billion at stake, the largest dollar swing among the list of big names that includes Disney, Uber, Shopify, AppLovin, Western Digital, and Sandisk; other stocks show implied moves ranging from about 5.5% to 15.5%, reflecting varying levels of volatility expected around earnings.
Investors say Kevin Warsh's pared-back Fed communication is already backfiring, eroding the central bank's influence over the US Treasury market as longer-dated yields surge and the yield curve steepens after the Fed holds rates steady, with traders demanding more clarity on future policy and latching onto volatility instead of guidance.
US stocks were volatile on Friday as a New York Times report that OpenAI may delay its mega-IPO weighed on tech shares, leaving the Nasdaq near flat while the Dow and S&P 500 edged higher around 0.1%. Memory-chip cost pressures and Apple's price hikes signaled ongoing device-maker headwinds, with Micron’s earnings hinting the squeeze could persist. The OpenAI delay chatter, coupled with stronger May PCE inflation data, kept rate-hike bets alive, while oil slid about 3% amid Strait of Hormuz tensions.
Kevin Warsh’s move to trim or drop the Fed’s forward guidance could raise U.S. borrowing costs and fuel bond-market volatility, as traders price in greater policy uncertainty after he declined to publish his dot plot and signaled changes to how the Fed communicates policy. Investors warn that less transparency may widen swings in Treasuries and lift yields, though some say the unpredictability could help curb inflation by tightening financial conditions.
Oil prices fell in early Asia trade after reports that the US and Iran had finalized a peace deal mediated by Pakistan, with a signing ceremony planned in Switzerland; Brent crude slipped about 4% to $83.81 a barrel and US crude fell about 4.7% to $80.89 as markets weighed the potential reopening of the Strait of Hormuz, a crucial chokepoint through which roughly 20% of global oil and LNG passes. Analysts cautioned that the lack of deal details could keep markets volatile amid ongoing regional tensions.
Markets rallied on Thursday with the S&P 500 up about 1.75%, Nasdaq +2.54%, and Dow +1.86%, and futures were little changed ahead of SpaceX’s historic IPO on Friday. SpaceX plans to price at $135 per share and sell 555.6 million shares for roughly $75 billion, valuing the company at about $1.77 trillion and potentially making it the largest IPO in U.S. history; investors warn the massive supply could weigh on near‑term momentum and trigger a tech-rotation. Traders also await June’s Michigan sentiment reading and monitor post‑hours moves in Adobe, RH, and Lennar.
Citadel Securities reported a record $4.3 billion in trading revenue in Q1, with about $1.9 billion in net income, as market volatility driven by the Iran conflict and swings in oil and Treasury rates boosted activity for market makers. Alongside peers Jane Street and Hudson River Trading, the trio generated roughly $27 billion in first‑quarter trading revenue. Citadel Securities, a major US market‑maker handling about a quarter of US equity volume, is expanding into high‑touch client services, including hiring JPMorgan’s Elan Luger, while remaining distinct from the hedge fund Citadel.
Goldman Sachs’ fixed‑income desk was caught off guard as the Iran war shifted monetary-policy expectations, pushing markets to pricing higher rates and inflicting a roughly 10% revenue drop in the FICC unit for Q1. The weakness followed bets tied to rate cuts and inflation scenarios, though equities trading benefited from volatility, and Goldman assisted clients in liquidating positions during the turmoil. The episode underscores Goldman’s historically risk‑tolerant rates strategy, led by Anshul Sehgal and Ashok Varadhan, and contrasts with a stronger performance elsewhere while Denis Coleman blamed a tougher market‑making backdrop for the overall FICC pullback.
As the Iran conflict drags on, oil spikes and Treasury yields rise after weak auctions, with stocks, bonds, gold and even crypto sliding, leaving investors with few havens and a scramble for cash as volatility surges.
Markets fear a protracted oil shock as the Iran war drags into its second month, lifting Brent and WTI prices, threatening key transit routes through the Strait of Hormuz, weighing on inflation prospects and leaving major indices in correction with elevated volatility.
Investors braced for potential steps in the Iran conflict as uncertainty lifted oil prices and caused swings on Wall Street, weighing on shares amid geopolitical risk.
U.S. stocks rose while oil prices fell after reports that the U.S. sent Iran a 15-point peace plan, signaling possible progress amid ongoing tensions; by late morning the S&P 500 was up about 0.6%, the Nasdaq around 0.8%, and the Dow roughly 270 points higher, while WTI crude slid about 3% to around $89 a barrel and Brent hovered near $101.
As Iran-related conflict-driven oil surges heighten inflation concerns, traditional hedges fail and stocks fall while central banks pause on rate cuts; the Fed is unlikely to ease soon and futures hint at mixed policy signals, sending yields higher and gold lower. Traders face dwindling shelter from risk, raising the specter of a volatile, high-stakes period that strategists call one of the riskiest moments of the century.
Oil prices jumped toward $120 a barrel as the widening Iran conflict threatened production and the Strait of Hormuz, with about 15 million barrels per day typically moving through the chokepoint. Gulf producers cut output amid storage constraints and facility strikes, raising concerns of prolonged supply disruption. Analysts warned prices could reach around $150 if Hormuz remains closed for weeks, while others expect a quicker normalization; U.S. fuel costs rose and markets faced renewed volatility amid the energy shock.
Amid rising volatility from the U.S.–Iran conflict, the bigger warning is a record about $7.8 trillion held in money-market funds, signaling investor fear and a potential market pullback, with high Shiller P/E and other indicators adding to the caution.