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4 days ago | 
tipranks.com | Eddie Pan
Americans are growing unhappier with President Trump’s policies, which include global tariffs and strikes on Iran’s nuclear facilities over the weekend. That’s resulted in his approval rating falling to 41%, the lowest since he was sworn in as President in January, according to a poll conducted by Reuters and research firm Ipsos. Trump’s approval rating was 47% during that time.
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4 days ago | 
tipranks.com | Eddie Pan
In a surprising move, crude oil futures are down by over 6% following Iran’s attack on the Al Udeid Air Base in Qatar, which has a significant U.S. military presence. Oil prices have surged since Israel first struck Iran’s nuclear sites given that the Middle East plays a massive role in the global oil supply chain. So, why are oil prices dropping instead of rising?
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4 days ago | 
tipranks.com | Eddie Pan
The stock market has continued to remain resilient since the Israel-Iran war with the Dow Jones (DJIA) in the green today. That comes despite the U.S. striking three nuclear sites in Iran over the weekend and Iran’s subsequent response.
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4 days ago | 
tipranks.com | Eddie Pan
After gaining as much as 0.65% on Monday, the Nasdaq 100 (NDX) has erased all of its gains and is now trading in the red as Iran begins to retaliate against the U.S. Over the weekend, the U.S. targeted three nuclear sites in Iran, including Fordow, its main nuclear enrichment facility.
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4 days ago | 
tipranks.com | Eddie Pan
The chances of the Fed cutting rates during its next Federal Open Market Committee (FOMC) meeting in July have jumped following comments from Fed Governor Michelle Bowman. The odds of the Fed cutting by 25 basis points are now 24.8% compared to 14.5% yesterday and 14.4% a week ago.
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4 days ago | 
tipranks.com | Eddie Pan
The S&P 500 (SPX) has remained incredibly resilient in the face of the Israel-Iran war. Since the start of the conflict on June 13, the benchmark index has remained in positive territory with a 0.35% return. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Over the weekend, the U.S. struck three nuclear sites in Iran.
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4 days ago | 
tipranks.com | Eddie Pan
Crude oil futures have risen by nearly 20% during the past month as the price of gas across the nation becomes more expensive due to the Israel-Iran war. The Middle East is a major global supply chain hub for oil and Iran holds significant influence over the Strait of Hormuz, a key passageway for oil. A disruption to the Strait could result in increased transportation costs and delays, translating to higher oil prices.
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4 days ago | 
tipranks.com | Eddie Pan
Over the weekend, the U.S. struck three nuclear sites in Iran as it thrust itself into the Israel-Iran conflict. “Obliteration is an accurate term!,” said President Trump on Truth Social in regard to the damage. The attack was surprising for many, as Trump said last week that he would give Iran two weeks to negotiate terms to end the war and its nuclear program before the U.S. would potentially get involved.
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1 week ago | 
tipranks.com | Eddie Pan
Both the S&P 500 (SPX) and Nasdaq 100 (NDX) closed the Friday trading session in the red as geopolitical and economic uncertainty continue to persist.
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1 week ago | 
tipranks.com | Eddie Pan
Japan has cancelled its annual “2+2” security meeting with the U.S. as the two sides continue to make limited progress in sealing a trade deal. The meeting was cancelled after senior Pentagon official Elbridge Colby requested that Japan increase its defense spending to 3.5% of its budget, up from 3.0%, according to the Financial Times, which cited people close to the matter. Japan didn’t take that request well.
