Posted 4/15/2024, 5:46:39 PM
US Stocks Edge Up As Investors Monitor Iran Tensions, Await Earnings
- US futures tick up ahead of Monday's opening bell as investors await market reaction to Iran's weekend missile strikes on Israel
- Oil and gold prices dip back somewhat after late-week surge, but still remain elevated due to geopolitical tensions
- Goldman Sachs set to report Q1 earnings Monday; retail sales data also coming
- Further escalation in Middle East conflict main investor focus this week; could impact inflation, growth, and potential Fed rate cuts
- Big bank earnings from Morgan Stanley, BofA, and Blackstone later this week; Fed speakers incl. Powell also on tap