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For months, the Nasdaq has moved at the mercy of the Middle East headlines and $100 oil. But a quiet, critical shift is happening.
Stocks wavered to start the week, though markets were mostly shrugging off headlines out of the Middle East. The Dow was down 190 points, or 0.4%. The S&P 500 was flat. The Nasdaq was up 0.1%. The S&P and Nasdaq finished Friday’s sessions at closing highs, so any move higher would be a fresh closing high.
Conflicting reports coming from the Strait of Hormuz mix with expectations of a new "Jobs Week" and more Q1 earnings.
The Nasdaq Composite (^IXIC) is leaning on its biggest tech names this morning to absorb a fresh oil shock, with index futures hovering near flat after climbing well off their overnight lows. A 3% spike in crude on renewed Iran tensions is the main drag, but blowout earnings from Alphabet and Amazon late last week ... Tech Giants Prop Up Nasdaq Composite as Oil Shock Tests Market Resilience
RCMT, BWAY, FLOC, BTSG and GRC surge on strong momentum, with sharp price gains and rising earnings estimates signaling potential for continued upside.
Rising geopolitical tensions in the Strait of Hormuz keep investors on edge despite last week’s strong finish
Stock Market Today: The Dow Jones index dropped Monday on the latest U.S.-Iran news. Oil prices continued to rally, topping $105 a barrel.
The “Dogs of the Dow” is a well-known strategy first published in 1991 by Michael O’Higgins. The plan aims to maximize investment returns by purchasing the 10 highest-yielding dividend stocks in the Dow Jones Industrial Average each year. The highest-yielding stocks are also the lowest-priced stocks in the venerable average, as the lower a stock ... Warren Buffett Owns 2 of the Small Dogs of the Dow: Here’s Why You Need to Own All 5
The outgoing Fed chair put the spotlight of higher inflation squarely on the president's shoulders.
Stocks looked set to edge higher on Monday, putting the S&P 500 and Nasdaq 100 on track to notch new highs as the market rally rolls on. Futures tracking the S&P climbed 0.1%, and contracts tied to the tech-heavy Nasdaq added 0.2%. The S&P and the Nasdaq closed at records on Friday, powered higher by a surge in software stocks.
The major gauges climbed into the start of the week with developments in Iran continuing to dictate investor sentiment.
"This is a Humanitarian gesture on behalf of the United States, Middle Eastern Countries but, in particular, the Country of Iran."
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