Slight improvement on the previous month but still a ghastly number (41st month of contraction), and not helped by the sharpest fall in new orders since the PMI survey started
Slight improvement on the previous month but still a ghastly number (41st month of contraction), and not helped by the sharpest fall in new orders since the PMI survey started
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Iran's parliament security chief has rejected Trump's Project Freedom plan for the Strait of Hormuz, warning that any US interference in the waterway would constitute a ceasefire violation.
PLOW eyes earnings amid slowing growth forecasts. Peers show mixed results; sentiment is positive.
Fed's Kashkari says the Iran war raises inflation risks and may force rate hikes, adding the Fed cannot signal cuts are coming while the Hormuz strait remains closed.
OPEC+ boosts output 188K bpd, but Iran's Strait of Hormuz control adds risk premium.
Walmart's e-commerce surges 24%, but its P/E of 45 is steep. TJX's 5% comp sales growth justifies its P/E of 30.
EQH faces earnings Monday. Revenue grew 9.7% last month, but peers CNO & UNUM beat estimates. Buy at $42.17?
WSJ says Trump plan to guide ships through Hormuz doesn’t involve U.S. Navy escorts. Wall Street Journal cite US official: Plan doesn’t currently involve U.S. Navy warships escorting vessels through the strait
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