US stock futures are on the rise as concerns over Iran’s recent attack on Israel begin to ease. The focus now shifts back to earnings season and the potential risks of inflation.
The S&P 500, Dow Jones, and Nasdaq 100 futures are all up, with investors seemingly shrugging off initial fears of a full-blown war in the Middle East. Efforts to discourage Israel from retaliating have helped calm nerves in the market.
Stocks have been under pressure recently due to lackluster earnings reports and inflation concerns. All eyes are now on results from companies such as Goldman Sachs and Charles Schwab.
After Iran’s air strike, oil prices have actually fallen. However, the 10-year Treasury yield and gold prices are fluctuating as the situation in the Middle East continues to unfold.
In other news, there are rumors circulating that Salesforce may be nearing a deal to buy Informatica. Analysts are also keeping a close watch on companies like Nvidia and Intel for potential upside.
Citi has predicted that oil prices could reach as high as $100 a barrel, potentially impacting global inflation rates. The geo-political risks in the region could also have an impact on central bank policies and monetary decisions in the near future.
Overall, the market seems to be cautiously optimistic as tensions in the Middle East begin to ease, but the potential impacts on global markets are still uncertain. Stay tuned to Celebrity Beauty Buzz for the latest updates on this developing situation.
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