Markets Resist the Iran War – S&P 500 Marks Second Day of Gains in a Row – Fed Decision and Oil Price in Tension – Airlines, Defense, and AI Infrastructure as Key Topics - Energy Stocks Shine Amid Rising Oil Prices - Alibaba Establishes Token Hub
Reading Time: 10 minutes
USA & MACRO-ENVIRONMENT The S&P 500 (+0.36%) experiences gains for the second consecutive time – more than 400 index members show positive price trends. The pullback in the energy sector provides some relief: After U.S. crude oil (WTI) has largely given back a massive increase and stabilizes around the $95 mark, there is a relative sense of relief among market participants. The concern about a sustained inflation surge due to skyrocketing energy costs takes a backseat at least in the short term. Bond yields and the dollar are declining...
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