Stocks Retreat Amid Inflation Fears and Weak US Jobs
View original at nasdaq.comStocks Retreat Amid Inflation Fears and Weak US Jobs The S&P 500 Index ($SPX) (SPY) today is down -0.95%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -1.00%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.76%…
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Excluding the Magnificent Seven megacap technology stocks, Q4 earnings are expected to increase by 4.6%
80% confidenceAll Gulf energy exporters would shut down production within weeks, driving crude oil prices to $150 per barrel
80% confidenceUS doesn't want to negotiate an end to the war with Iran and there will be no deal with Iran except unconditional surrender
80% confidenceS&P earnings growth is expected to climb by 8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth
80% confidenceThe war in the Middle East could bring down the economies of the world
80% confidenceReal-time risk premium for crude oil is $18 per barrel, corresponding to estimate of impact from six-week full halt to tanker traffic in Strait of Hormuz
80% confidenceYear-over-year revenue growth rate will accelerate each quarter throughout fiscal 2027
80% confidenceShips sailing through Strait of Hormuz could be at risk from missiles or rogue drones
80% confidenceThe Iran war is unlikely to cause sustained inflation, which is why the Fed looks at core prices excluding energy as a better predictor of future inflation
80% confidence