About this episode
Listeners, United States stocks fell sharply today amid renewed doubts over a possible end to the war with Iran and rising crude oil prices. According to Zacks, yesterday's closes showed the Dow Jones Industrial Average up zero point seven percent or three hundred five point four three points at forty-six thousand four hundred twenty-nine point four nine, the S and P five hundred up zero point five percent or thirty-five point five three points at six thousand five hundred ninety-one point nine zero, and the Nasdaq Composite up zero point eight percent at twenty-one thousand nine hundred twenty-nine point eight three[1]. However, the Los Angeles Times reports that today the Dow dropped four hundred sixty-nine point three eight points or one percent to forty-five thousand nine hundred sixty point one one, the S and P five hundred slumped one point seven percent or one hundred fourteen point seven four points to six thousand four hundred seventy-seven point one six, and the Nasdaq sank two point four percent or five hundred twenty-one point seven four points to twenty-one thousand four hundred eight point zero eight[2]. Key drivers included escalating Middle East tensions after Iran rejected a United States peace plan, per The Street, with Brent crude rising three point nine percent to one hundred six point two United States dollars per barrel and West Texas Intermediate up three point six one percent to ninety-three point five eight United States dollars per barrel[4]. Tech stocks led declines, with Meta Platforms down eight percent and Alphabet down three point four percent, while energy shares gained modestly[2]. Super Micro Computer was a top gainer yesterday at eight point two percent[1]. Volume was lower at seventeen point zero seven billion shares[1]. The Census Bureau released Business Trends and Outlook Survey data today, showing ongoing business conditions tracking[3]. Kansas City Federal Reserve manufacturing index rose to eleven[8]. Pre-market futures point lower on Iran concerns, with S and P five hundred futures down zero point four nine percent[4]. Watch tomorrow's potential jobs data anticipation and any Iran war updates, as President Trump claims a deal is near[7]. Thank you listeners for tuning in, and please subscribe. This has been a Quiet Please production, for more check out quietplease.ai.For great deals check out https://amzn.to/403yeYoThis content was created in partnership and with the help of Artificial Intelligence AI
