Stock Rally Stalls at the Hormus Front, Oil Price Surge Slows Nasdaq Record Run – Inflation Data as Weekly Catalyst – DAX Heavyweights between Takeover Fantasy and Defense Sell-off – AI Story at Qualcomm and monday.com Electrifies Investors

USA & MACRO-ENVIRONMENT Wall Street starts the week in a stalemate, as the unbroken record euphoria from six consecutive weeks of gains encounters a clear brake for the first time in a long time: the stalled Strait of Hormus diplomacy. The S&P 500 rises by 0.31%, the Nasdaq 100 adds 0.24%, but under the surface, the risk balance shifts noticeably. The Brent price surges by 3.10%, US crude hovers around the $97 mark per barrel, and the bond market effectively prices out the hope for interest rate cuts from the Federal Reserve for the...