Posted 1/12/2024, 9:05:32 PM
S&P 500 Nears Record High as Banks Kick Off Earnings Season; Oil Prices Spike on Yemen Airstrikes
- S&P 500 edges back toward record high to close out winning week after mixed bank earnings open reporting season
- Delta shares sink over 7% as airline trims 2024 profit outlook, spreading negative sentiment to competitors
- Oil prices jump on US airstrikes in Yemen; escalating Middle East tensions threaten global energy supply
- Meta nears all-time high again, completing dramatic rebound after huge 2022 stock plunge
- JPMorgan CEO Jamie Dimon reiterates warning on "stickier" inflation and higher rates amid "unprecedented" market forces