Stock market today: Dow, S&P 500, Nasdaq rise for second day in a row with Fed decision on deck
View original at finance.yahoo.comStock market today: Dow, S&P 500, Nasdaq rise for second day in a row with Fed decision on deck US stocks gained ground on Tuesday, continuing a cautious rebound as fresh attacks in the Iran war drove oil prices higher amid questions over the US push for allies to help protect shipping in the Strait of Hormuz…
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If either US dollar index at 100 or 30-year yield at 5.0% breaks higher, stocks could face at least a 10% drawdown
60% confidenceEnergy is no longer dead money, this is a sector acting like a leader
60% confidenceBitcoin and crypto markets have looked resilient in the face of the Middle East conflict, outperforming Gold and equity indices
60% confidenceNearly 60% of typical crude exports from the Persian Gulf are medium and heavy crude with limited alternative producers outside the Middle East
60% confidenceNo products or regions are fully immune from the oil market shock
60% confidenceIt's just not the moment for plant-based meat right now
60% confidenceNvidia sees $1 trillion in chip sales through the end of 2027
60% confidencePrices have rallied much more for many refined products than for crude
60% confidenceSevere disruptions in medium-heavy crude supplies pose large downside risks to global production of diesel, jet fuel, and fuel oil
60% confidenceSoftware likely needs a loud, sector-wide signal that AI is driving real revenue and margin upside
60% confidenceWhen prices did spike, we saw a spike in demand
60% confidenceEU will only move forward with trade deal ratification after inserting amendment that deal won't take effect until US agrees to honor July terms
60% confidence
Data points we hold from this source
| Exxon Mobil Corporation · stock performance | 30 percent |
| Shell plc · stock performance | 25 percent |