On Wednesday, Nasdaq futures experienced a significant increase following President Donald Trump’s decision to prolong the two-week ceasefire with Iran. Concurrently, oil prices saw an uptick as the Islamic Revolutionary Guard Corps of Iran launched attacks on two vessels in the Strait of Hormuz, while the United States maintained its blockade in the region. Futures Read More
On Tuesday, Nasdaq futures experienced an uptick while oil prices saw a decline, reflecting indications of advancement in the peace negotiations between the U.S. and Iran. In the interim, wholesale inflation for March was reported significantly below expectations. Futures for the Nasdaq 100, S&P 500, and Dow Jones Industrial Average indicated increases of 0.5%, 0.2%, Read More
Software stocks experienced a significant decline as investors contended with the ramifications of advancing AI models. Shares of Palantir, ServiceNow, and Intuit, three of America’s largest software companies, dropped between 6% and 8% to rank among the S&P 500’s biggest decliners, on a day when broader markets gained. Salesforce, which lost 3%, was the worst-performing Read More
Equity markets exhibited minimal respite in the wake of U.S. President Donald Trump’s choice to postpone his Iran deadline, as noted by analyst on Friday. Analyst Adam Crisafulli noted that “Trump’s deferment of his Iran deadline … isn’t triggering much of an equity rebound this morning as investors remain very much on edge about the Read More
