S&P 500 and Nasdaq 100 Post Record Highs on US-Iran Truce Reports
View original at nasdaq.comS&P 500 and Nasdaq 100 Post Record Highs on US-Iran Truce Reports The S&P 500 Index ($SPX) (SPY) on Thursday closed up +0.58%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.05%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.84%…
What we drew from this source
The claims Via News extracted from this document. We point to the source; we don't replace it.
The impact of the Iran war will take longer to show in the labor market, and the 'second round' of the energy shock on the Eurozone will persist for a while.
60% confidenceInflation is headed in the wrong direction and she would be prepared to raise interest rates if that persists.
60% confidenceTrade Desk coverage reinstated with a sell recommendation and a price target of $11.
60% confidenceInflation is meaningfully above target, inflation expectations are rising, and the Fed should respond to higher real rates by hiking policy.
60% confidenceCarGurus initiated with an overweight rating and a price target of $35.
60% confidenceUS consumer prices are still 'much too high' and bringing down inflation remains his top priority.
60% confidence
Data points we hold from this source
| Federal Reserve · implied rate cut probability next meeting | 0 percent |