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The U.S. stock market has suffered a significant correction in every single midterm election year since 1950, warns Lansing Street Advisors.
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Higher oil prices, higher yields, no more rate cuts? No problem for US stocks ReutersWall Street Investors Block Out Market Volatility Triggered by War Bloomberg.comAs S&P 500 approaches record highs, this is what could derail the stock-market rebound MarketWatchWhat's Driving the Wartime Stock Rebound The New York Times
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The U.S. blockade of Iranian ports could accelerate the drawdown in global oil inventories, further tightening near-term supply and pushing back hopes of market normalization into mid-May, according to Société Générale.
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JPMorgan CEO Jamie Dimon called the economy resilient, but pointed to an "increasingly complex set of risks" across global markets.
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Stocks post back-to-back gains as traders remain optimistic for U.S.-Iran deal: Live updates CNBCWall Street rallies to the edge of its all-time high as oil prices ease Los Angeles TimesStock market today: S&P 500, Nasdaq rally toward record highs, oil tumbles as Iran deal optimism grows Yahoo FinanceWall Street rallies on renewed hopes for US-Iran talks, earnings boost Reuters
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JPMorgan Chase beat first-quarter earnings expectations, with volatility from the Iran conflict leading to record market revenue and with consumers continuing to spend in the face of higher gasoline prices.
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