Positive territory to begin the new week 9 May
- +109.31
- open 16226.57
- high 16292.86
- low 16159.31
- USDJPY 107.54 after quick run up to 107.68
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Major bond managers warn markets are underestimating growth risks from the Iran war, arguing the inflation shock could turn into a slowdown that eventually drives Treasury yields lower.
Dow plunges into correction, S&P's longest weekly losing streak in 4 yrs. Oil tops $100 on Iran war.
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Oil prices surge past $100/bbl on Middle East conflict fears. Brent eyes record monthly gain, up 50% in March.
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Dow plunges 800 pts, S&P 500 hits multi-month low. Magnif. 7 shed $850B. Watch JOLTS & ADP.
Oil prices surge past $100/barrel on Iran war fears. Record monthly gains loom as supply risks mount.
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