CNBC’s Jim Cramer parsed Monday’s market action, explaining why he thinks stocks went higher after the market digested news of the U.S.’s attack on Iran and the country’s response. “Today, the market breathed a bullish sigh of relief when Iran simply fired ordinary missiles at our military bases in the region. At least so far,…
My top 10 things to watch Monday, June 23 1. Making sense of the stock market’s muted response to the U.S. bombing three Iranian nuclear sites over the weekend. Strait of Hormuz uncertainty in the short term versus the destabilizing but not regime-changing situation in Iran. Positive for the markets? Is there more Permian takeaway…
Wall Street may be past the worst of the tariff headlines two weeks after the initial April 2 announcement — as President Donald Trump endeavors to accomplish enormous trade deals during his 90-day pause — but volatility will continue to be a mainstay of the stock market for the foreseeable future. Investors wrapped up yet…
Next week’s Inauguration Day will finally clear up for investors what exactly Donald Trump’s return to the White House means for markets. Last year, in the immediate aftermath of Trump’s November victory, stocks rallied in a so-called “Trump bump” that lifted those parts of the market expected to benefit most from the president-elect’s pro-growth policies…