Crude Surges On Mideast Tensions.
Bob Iaccino breaks down the morning's mixed equity markets, with the Nasdaq and S&P seeing modest gains while the Dow and Russell slip. He highlights crude oil's third straight session higher, driven by escalating U.S.-Iran conflicts, Gulf tanker attacks, and broader supply concerns in the Middle East. Additionally, he covers the bounce in the U.S. dollar and Treasury yields, and previews the heavy slate of corporate earnings and key global economic data due out later this week.
Bob Iaccino breaks down the morning's mixed equity markets, with the Nasdaq and S&P seeing modest gains while the Dow and Russell slip.
He highlights crude oil's third straight session higher, driven by escalating U.S.-Iran conflicts, Gulf tanker attacks, and broader supply concerns in the Middle East.
Additionally, he covers the bounce in the U.S. dollar and Treasury yields, and previews the heavy slate of corporate earnings and key global economic data due out later this week.