Stocks Rally on a Push for Diplomacy to End US-Iran War
View original at nasdaq.comStocks Rally on a Push for Diplomacy to End US-Iran War The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +1.18%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.66%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.81%…
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Q1 S&P 500 earnings projected to climb +12% year-over-year
60% confidenceDenied report that it was seeking to acquire Dell Technologies or HP Inc
60% confidenceFloated a possible combination with American Airlines
60% confidenceStripping out technology sector, Q1 earnings projected to increase around 3%, the weakest in two years
60% confidenceOptimistic that Trump administration will soon drop investigation into Fed Chair Powell
60% confidenceFaster inflation due to Iran war doesn't make an interest rate hike self-evident
60% confidenceWill not vote in favor of Kevin Warsh until Trump administration drops threat to prosecute Fed Chair Powell for cost overruns on Fed building
60% confidenceWould target all ports in and close to Persian Gulf if its own shipping hubs are threatened
60% confidenceTalks with Iran could resume over the next two days in Pakistan
60% confidenceEurozone economy is between the baseline and adverse projections in ECB's base case, reflecting the war in Iran
60% confidence
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