‘The market has flipped the script. The rally caught many, including myself, off guard with its speed,’ one Wall Street veteran says.
Markets ended the week on a strong note after Iran announced the reopening of the Strait of Hormuz, easing concerns about energy supply disruptions.
Naval moves targeting Iranian trade flows are raising fears of major economic losses and increased volatility across global energy and financial markets.
Healthcare, tech, and leisure stocks led the market gains.
Stocks wobble and haven demand builds as traders weigh Trump’s ‘Power Plant Day’ threat and an 8pm ET deadline on Iran.
Major stock indices rebounded as bargain hunters stepped in amid more attractive valuations and easing concerns over the Middle East conflict.
‘The market has flipped the script. The rally caught many, including myself, off guard with its speed,’ one Wall Street veteran says.
Markets ended the week on a strong note after Iran announced the reopening of the Strait of Hormuz, easing concerns about energy supply disruptions.
Naval moves targeting Iranian trade flows are raising fears of major economic losses and increased volatility across global energy and financial markets.
Healthcare, tech, and leisure stocks led the market gains.
Stocks wobble and haven demand builds as traders weigh Trump’s ‘Power Plant Day’ threat and an 8pm ET deadline on Iran.
Major stock indices rebounded as bargain hunters stepped in amid more attractive valuations and easing concerns over the Middle East conflict.