Geopolitics slows Wall Street record rally – Iran war drives oil above 100 USD – Mega earnings week with five of the 'Magnificent Seven' – AI euphoria propels chip stocks to new highs - Meta: China halts 2-billion-USD AI Manus deal – Verizon's new CEO turns subscriber trend
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USA & MACROECONOMICS Wall Street pauses after record streak – Iran war and oil shock dampen sentiment The recent record rally on Wall Street stalls at the start of the week. The S&P 500 – on track for its strongest monthly performance since the depths of the pandemic in April – shows little change. The Nasdaq 100 dips slightly, while the Dow Jones Industrial remains flat. The pullback is not surprising : Diplomatic efforts to end the Iran war hit another snag as U.S. President Donald Trump abruptly cancels the planned trip...
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