Israel's Netanyahu will apparently decide on escalation and Iran at their Security Council meeting this evening. Pres. Trump has urged a cease-fire. Headlines continue to contradict each other. US stocks are higher but not as high as premarket levels.
- The NASDAQ index is up around 290 points or 1.12% (the index was up over 500 points in premarket trading).
- The S&P index is up 0.73%.
- The Dow industrial average is up 0.33%.
- Gold prices are trading up around $10 at $4337.45. Recall from Friday, the price fell below its 200 day moving average for the first time since October 2023. That moving average currently comes in at $4407.15 (see green line on the chart below). Staying below that moving average gives the sellers more control. The low price from March 23 at $4098.74 is the next major target.
