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Yen Intervention Wears Off
The Wall Street Journal4d agoneutral
Yen Intervention Wears Off

U.S. forces fired on a Panama-flagged ship that attempted to run the American blockade of Iranian ports early Tuesday, The Wall Street Journal reported. Brent crude briefly touched $90 a barrel, ending the trading day up 1.4% to $88.91. The Dow ended down 184 points, or 0.3%.

Earnings Are Beating Wall Street’s Boldest Expectations. What Comes Next.
Barrons.com4d agobullish
Earnings Are Beating Wall Street’s Boldest Expectations. What Comes Next.

There’s an elegant simplicity to one of the central tenets in gauging the health of the stock market and the companies that comprise its benchmark indexes: figuring out what’s in the till at the end of the day. Profit remains the most important measure of stock market health—and Corporate America is raking it in. “The greatest force behind stock markets right now is earnings, which is helping to overshadow concerns about Iran, inflation and AI [capital expenditure] spending viability,” said Dennis Follmer, chief investment officer, at Montis Financial in Waltham, Mass., to Barron’s. “Earnings have been an absolute freight train driving this market higher.”

Investing.com4d agobearish
Riot, NIQ surge, On Holding tumbles premarket

Investing.com - U.S. stock futures were little changed on Tuesday, as fading hopes for a deal to reopen the Strait of Hormuz kept oil prices elevated, while investors looked ahead to key U.S. inflation data for fresh clues on the Federal Reserve’s interest rate path.

Dow Futures Fall as Inflation Worries Rattle the Market
Barrons.com4d agoneutral
Dow Futures Fall as Inflation Worries Rattle the Market

Stocks looked set to struggle for direction on Tuesday as investors continued to worry about inflation, with no end in sight to the conflict in the Middle East. Dow Jones Industrial Average futures slid 64 points, or 0.1%. Nasdaq 100 futures ticked up 0.1%.