Stock market today: Dow, S&P 500, Nasdaq rise as oil tops $100 again, Fed meeting kicks off
View original at finance.yahoo.comStock market today: Dow, S&P 500, Nasdaq rise as oil tops $100 again, Fed meeting kicks off US stocks gained ground on Tuesday 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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No products or regions are fully immune to oil market shock
60% confidencePrices have rallied much more for many refined products than for crude
60% confidenceBull case driven by stronger end-investor demand puts bitcoin as high as $165,000 and ether at $4,488
60% confidenceUnder recessionary macro backdrop, bitcoin could drop to $58,000 and ether to $1,198
60% confidenceNearly 60% of typical crude exports from the Persian Gulf are medium and heavy crude with limited alternative producers outside Middle East
60% confidenceRequest for multinational effort to escort vessels through Strait of Hormuz
60% confidenceSevere disruptions in medium-heavy crude supplies pose large downside risks to global production of diesel, jet fuel, and fuel oil
60% confidenceDelta is well-positioned to weather the current environment of higher fuel costs
60% confidenceFederal Reserve should adopt wait-and-see stance on interest rates
60% confidenceNvidia sees $1 trillion in chip sales through the end of 2027
60% confidenceAcquisition enables building highly secure and compliant payment orchestration between fiat and digital currencies across multiple chains
60% confidenceBVNK acquisition further expands Mastercard's end-to-end support of digital assets and value movement across currencies, rails and regions
60% confidence