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.
US consumer prices are still 'much too high' and bringing down inflation remains his top priority.
60% confidenceInflation is meaningfully above target, inflation expectations are rising, and the Fed should respond to higher real rates by hiking policy.
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% confidenceCarGurus initiated with an overweight rating and a price target of $35.
60% confidenceThe 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% confidence
Data points we hold from this source
| Federal Reserve · implied rate cut probability next meeting | 0 percent |