Lates News

On Monday, the overall direction of the US stock market lack clarity, but strong corporate earnings reports have led Wall Street strategists to continue to raise their S&P 500 targets. At the same time, the market is still evaluating the uncertainty surrounding the duration of the Iran conflict. The S&P 500 index opened flat. The strong performance of chip stocks continued to boost the benchmark index, with companies like Intel and Micron Technology standing out. The tech-heavy Nasdaq 100 index rose slightly by 0.2%, while the Dow Jones Industrial Average fell by 0.1%. "The market still believes a ceasefire agreement will be reached," said Tom Essere, founder of Sevens Report, in response to Trump's rejection of Iran's proposal to end hostilities, which he deemed "completely unacceptable." This is the reason why the stock market did not see a larger sell-off.