News

The American military on Monday was implementing a blockade on all ships entering and exiting Iranian ports. President Donald Trump and the Pentagon both said the blockade would be starting at 10 a.m. Eastern.

With 80% equity cushions and 10-year lockups, Wall Street’s “anti-banks” won’t face a “Lehman moment.”

Higher bond yields have been hitting secular growth stocks, but that may be about to change.

“He spent $1,000 on his girlfriend at Christmas and several hundred dollars on each of her children.”

The stock market is now too big to fail, Bank of America’s Michael Hartnett reckons. So no rate increases before the midterms and a Sino-American detente in May

Investors should be keeping a close eye on the difference between Brent and U.S. crude, which is sending a message that market worries over the crisis in Iran have peaked, says Morgan Stanley.

There’s too much focus from investors on the war in Iran, analysts led by Max Kettner wrote in a note.

Oil prices were surging back above $100 per barrel on Monday morning after a breakdown in talks between the U.S. and Iran over the weekend.

Goldman’s earnings and revenue beat expectations, but not by as much as investors had hoped.

“We’re both concerned about the accuracy of our returns.”