A brief and concise tweet by Trump himself: “NEW STOCK MARKET RECORD!”
The Dow actually appears to be like up for it with futures pointing up by 0.3% and yesterday’s shut being 0.4% decrease than the report excessive set in February. As for the S&P 500 and Nasdaq, there may be extra work to do even when futures are pointing up by 0.2% for each in the intervening time.
However contemplating Trump’s optimism above, is he hinting at some information that’s to come back? An imminent announcement of a framework settlement between the US and Iran earlier than the weekend maybe?
Nicely, that may actually get markets operating to shut out the week in good stead – even when the optimism may not result in an precise deal ultimately.
As a reminder, each the US and Iran are working in direction of a framework settlement in order that they’ll start negotiating on nuclear particulars. The latter remains to be the foremost sticking level that’s stopping each side from hanging a full deal presently.
