Author: iHub News
-
Easing Iran Tensions Lift Wall Street to Modest Gains
U.S. stocks closed modestly higher on Monday as investors weighed signs of a potential diplomatic breakthrough in the Iran conflict against lingering uncertainty over the scope and duration of hostilities. Reports that U.S. allies were pressing for a last-minute ceasefire agreement offered a measure of relief, though retaliatory rhetoric from Tehran and President Trump’s threat…
-
Wall Street futures steady as Iran tensions and oil swings curb momentum after rally: Dow Jones, S&P and Nasdaq futures
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a roughly flat open on Monday, with stocks likely to show a lack of direction following last week’s rally. Traders may be reluctant to make significant moves amid uncertainty about the U.S. war with Iran following President Donald Trump’s latest threats. In an expletive-laden…
-
U.S. ISM Services PMI Set for Release with March Reading Expected at 54.7 Remaining in Expansion Territory
The Institute for Supply Management is scheduled to release its report on service sector activity in the month of March at 10 am ET. The ISM’s services PMI is expected to fall to 54.7 in March from 56.1 in February, but a reading above 50 would still indicate growth.
-
Stocks Recover From Sharp Sell-Off but Dow Still Closes Lower Amid Iran Uncertainty
U.S. stocks staged a dramatic intraday reversal on Thursday but ultimately finished the shortened holiday week on a mixed note, as investors wrestled with conflicting signals about the trajectory of the conflict in Iran. President Trump’s televised address the prior evening — in which he said the war could last another two to three weeks…
-
Wall Street futures fall as Middle East tensions escalate and oil surges over 11%: Dow Jones, S&P and Nasdaq futures
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a sharply lower open on Thursday, with stocks likely to give back ground after moving substantially higher over the two previous sessions. Renewed concerns about an escalation of the conflict in the Middle East are likely to weigh on Wall Street following President Donald…
-
US labor market shows resilience as jobless claims decline and trade deficit reaches $57.3 billion in February
First time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended March 28th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims dipped to 202,000, a decrease of 9,000 from the previous week’s revised level of 211,000. Economists had expected jobless claims to inch…
-
Ceasefire Hopes and Strong Economic Data Power Wall Street Rally to Start Q2
U.S. stocks kicked off the second quarter with a broad-based rally on Wednesday as growing optimism around a potential de-escalation in the Iran conflict combined with better-than-expected economic data to lift all three major indexes. The tech-heavy Nasdaq led the charge, climbing more than one percent, while defensive energy names lagged as crude oil prices…
-
Cannabix’s Marijuana Breath Test Signals a Breakthrough for Modern Workplace Safety
Innovation in workplace safety has long struggled to keep pace with changing social and legal realities. Now, Cannabix Technologies Inc (USOTC:BLOZF) is stepping forward with a solution that could redefine how employers approach cannabis use on the job, bringing clarity, fairness, and scientific precision to a complex issue. The company’s recent delivery of its Marijuana…
-
Hopes of Iran War Resolution Spark Broad Rally on Wall Street
U.S. stocks surged on Tuesday as reports that President Trump is willing to end the military campaign in Iran triggered a wave of buying across every major sector. The news sent oil prices retreating from recent highs and pushed the fear gauge sharply lower, giving investors their best session in weeks and snapping a streak…
-
Oil Shock and Tech Weakness Push S&P 500 to Third Straight Loss
U.S. stocks finished Monday’s session mixed as surging oil prices and persistent weakness in the technology sector overshadowed tentative hopes for diplomatic progress in the Iran conflict. Brent crude shattered the $107 threshold during the session, ultimately settling near $113 a barrel as the Strait of Hormuz—responsible for roughly 21 million barrels per day of…