Market Notes

Truce Shattered: Fresh Iran Strikes Send Oil Surging, Futures Sliding Into the Open

· 2 min read · by James Carter, Nova Ventures Research

Weekend US-Iran strikes shattered the truce: oil up ~4%, futures lower (Nasdaq -1.2%, S&P -0.5%, Dow -0.4%), yields higher into the open. Asia sold off, Europe shrugged it off. Big week ahead: CPI, bank earnings and Fed Chair Warsh's first Hill testimony all land Tuesday.

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