Despite stock futures plummeting overnight on reports that Iran launched a missile attack on U.S. military bases in Iraq, the market sharply rebounded on Wednesday. Stocks hit new record highs after Trump’s comments on Iran indicated a de-escalation of potential conflict.
At their worst levels of overnight trading, S&P 500 futures were down by as much as 1.6%, while the Dow shed more than 400 points.resulted in no casualties leaving observers less worried about a full-fledged war.late Wednesday morning, Trump stated Iran “appears to be standing down” and indicated there would be no armed response from the U.S., though he did pledge new economic sanctions on the Iranian regime.
The stock market breathed a sigh of relief, rallying to new records on the news: The S&P 500 and Nasdaq Composite indexes both hit all-time highs, rising by 0.66% and 0.80%, respectively. The Dow Jones Industrial Average also moved higher, up by 0.72%. Trump’s press conference “largely expressed a conciliatory message, reinforcing the notion that Washington is aiming to de-escalate tensions in the region,” says Adam Crisafulli, founder of Vital Knowledge.after ADP and Moody’s said U.S. private payrolls soared by 202,000 last month—far above the expected 150,000, which indicates the U.S. job market is still robust and can continue to support the U.S. economy’s moderate expansion.
Source: News Formal (newsformal.com)
skleb1234 The major threat are Iranians living in the US. The suicide bombers at your backyard. BE PREPARED.
skleb1234 Trump continues to surprise even the Americans.. May long lasting peace prevails.
skleb1234 Feasible Answer!
skleb1234 Why doesn't Forbes report on a trillion dollar deficit in good economic times. Trump is responsible for this unnecessary debt. Report on that.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Clean energy investor Tom Blum reveals why he won't bet on batteries - Business InsiderTom Blum, a top clean energy investor, has simple advice when it comes to investing in batteries: 'Run away.'
Source: BusinessInsider - 🏆 729. / 51 Read more »
Why is China raising the prospect of same-sex marriage?A body of the National People's Congress, China's highest law-making institution, has publicly acknowledged petitions to legalize same-sex marriage, a rare development that has triggered a discussion of the topic. In a communist Nation that hates any form of religion, anything that goes against religion, will be encouraged. 🙄 good
Source: MSNBC - 🏆 469. / 51 Read more »
Why Iraqis differ on expelling US forcesMost Kurdish and Sunni dominated political parties in Iraq prefer to have the US forces in the country than allow Iran to have unbridled influence over the country's internal affairs
Source: trtworld - 🏆 101. / 63 Read more »
Doctors Explain Why This Flu Season Might Be the Worst In a DecadeThe CDC estimates that at least 6.4 million people have gotten the flu—so far.
Source: PreventionMag - 🏆 141. / 63 Read more »
There's No Good Reason Why the Four Day Work Week Shouldn't HappenBack when I had an office job, I’d spend a few minutes after my alarm went off each morning meditating on the dream of the four day work week. It wasn’t that five was too many, even though it totally is. It’s that three is the number of weekend days you need to accomplish all the shit you have to do. With three weekend days, you can have one day for household chores like laundry, grocery shopping and the cursed gym; another for fun; and, crucially, a final for relaxing and/or personal projects, like bird watching or applying to grad school or what have you. Everyone has stuff they need to do that doesn’t align sensibly with these other two days! EVERYONE! cc: ovationtv I dare everyone to email this to their boss's boss. Or at least post it to LinkedIn. They can't fire us all. I work a four day week but I do 45-50 hours in that time span. Three days off is nice though. My days off are not consecutive though.
Source: Jezebel - 🏆 153. / 63 Read more »
Why your boss is likely putting more money in your 401(k) planAmericans have been contributing a greater share of their salaries to their 401(k) plan accounts — and that could have a substantial impact on retirement savings over time. NBC News can't seem to do investigations on their own crimes. More money? Try less or zero money for most people. So why do we have to pay 25% of federal and state taxes of our retirement money if we are laid off froma job when it’s not our tension to get this money and it comes out our pay or labor. America tax is so much. Our money value hs decrease due to taxes. Oh ya no retirement
Source: NBCNews - 🏆 10. / 86 Read more »