Markets Flatline Amid Trump’s Delay on Iran and Potential Fed Cuts in July
- Markets showed mixed performance on Friday, with the S&P 500 falling 0.22% amid concerns over the Iran-Israel conflict and possible U.S. intervention.
- This cautious market tone followed a Thursday break and ongoing geopolitical tensions, while the White House announced Trump would decide on direct action in two weeks.
- The Federal Reserve signaled a likely pause on rate changes for July despite some expectations of cuts, as officials remain data dependent amid inflation concerns and geopolitical risks.
- Gold prices dipped 0.50% to around $3,353.57 an ounce, the U.S. dollar index fell 0.33% to 98.5780, and crude oil futures rose 0.54% to about $73.90 per barrel.
- Investors remain on edge awaiting further Fed guidance and Trump’s Middle East decision, suggesting continued volatility and cautious positioning in the near term.
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Markets flatline amid Trump’s delay on Iran and potential Fed cuts in July
The S&P 500 dipped 0.2% on Friday as investors waited on President Donald Trump’s next move on Iran and a possible rate cut from the Federal Reserve in July. Markets closed off a lackluster week as the major stock indices either slightly dipped or remained flat on Friday. The S&P 500 posted a daily drop of 0.2% and a weekly decline of 1.3%. The Nasdaq dropped 0.5%, and the Dow Jones was essentially flat with a daily gain of 0.1%. The end of the …
·New York, United States
Read Full ArticleUS Stocks Likely To Open Lower Amid Iran-Israel Conflict: Accenture, Kroger Stocks In Focus Ahead Of Earnings - APi Group (NYSE:APG), Accenture (NYSE:ACN)
U.S. futures were trading lower on Friday after a day's break on Thursday. Futures of major benchmark indices were trading lower.
·New York, United States
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Total News Sources23
Leaning Left2Leaning Right2Center2Last UpdatedBias Distribution33% Left, 33% Center, 33% Right
Bias Distribution
- 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right
L 33%
C 33%
R 33%
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