Was today already priced in?
Posted: Apr 14, 2024
- US stocks fell due to concerns about escalating tension in the Middle East and persistent inflation - The Dow fell 361 points, S&P 500 declined 1%, Nasdaq Composite lost 1.3% - Oil prices spiked on fears of intensifying regional tensions - Energy and utility stocks rose while gold prices also increased - JPMorgan Chase CEO Jamie Dimon warned about geopolitical turmoil and inflation impacting the global economy - JPMorgan Chase shares fell 5.9% on Friday - Americans' economic sentiment has dampened due to stubborn inflation according to the University of Michigan's latest consumer survey.
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