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Equities climbed again Thursday on optimism that the US and Iran will extend a fragile ceasefire in the Middle East and on signs of improvement in the labor market.
Source
Bloomberg Markets
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The extent of Microsoft’s recent stock gains, relative to what the options market was pricing, is something that “should only happen about one out of every hundred weeks,” analyst says.
Gold headed for a fourth weekly gain after President Donald Trump expressed optimism that the US and Iran could agree a permanent ceasefire to end the war that’s upended markets and heightened inflation fears.
Stocks in Asia looked set to open lower Friday as investors weighed a barrage of headlines on the Middle East conflict, including warnings the US-Iran war may drag on for months.
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Barings’ David Mihalick, PNC Financial Services CEO Bill Demchak, Ariel Investments’ John Rogers, Gabelli Funds’ John Belton, Seaport Research Partners’ David Joyce, Gerber Kawasaki’s Ross Gerber, AlixPartners’ Jeff Goldstein, MNTN CEO Mark Douglas, & EDO President & CEO Kevin Krim. (Source: Bloomberg)
