Stocks Finish Lower as War Rages in the Middle East
View original at nasdaq.comStocks Finish Lower as War Rages in the Middle East The S&P 500 Index ($SPX) (SPY) on Thursday closed down -0.56%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -1.61%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.29%…
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S&P earnings growth is expected to climb by 8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth
80% confidenceThe government is considering emergency measures to stabilize crude prices
80% confidenceShips sailing through Strait of Hormuz could be at risk from missiles or rogue drones
80% confidenceFour of six tanks at Saudi Arabia's Ras Tanura refinery were full
80% confidenceBroadcom expects AI chip sales to top $100 billion next year
80% confidenceRecent and expected data reflect a couple months of relatively high inflation, which certainly puts pause to any conclusion that we're done fighting this
80% confidenceMost of American Eagle Outfitters' profit will be generated in the second half of the year
80% confidenceA prolonged conflict in the Middle East would risk pushing inflation expectations higher
80% confidenceInflation is a bigger concern than economic growth as the ECB assesses the implications of the war in Iran
80% confidenceExcluding the Magnificent Seven megacap technology stocks, Q4 earnings are expected to increase by 4.6%
80% confidenceChatGPT pivoting away from on-platform shopping checkout would be a waterloo moment for AI-disruption of e-commerce
80% confidenceThe Ju'aymah terminal on Saudi Arabia's east coast is quickly running out of spare capacity
80% confidenceThe real-time risk premium for crude oil is $18/bbl, corresponding to the impact of a six-week full halt to tanker traffic in the Strait of Hormuz
80% confidence