The Dow Jones Industrial Average closed at a record high Monday, propelled by a sharp drop in oil prices after President Donald Trump signaled renewed talks with Iran, sending Treasury yields lower and lifting risk appetite across Wall Street.
The Dow Jones Industrial Average closed at an all-time high Monday after President Donald Trump signaled a pause in military strikes on Iran, dragging crude prices down sharply and easing inflation fears across markets.
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Shares of Amazon rallied nearly 14% Friday after the company reported stronger-than-expected quarterly earnings, driven by accelerating cloud growth and easing investor concerns over AI spending. JPMorgan raised its price target to $365, implying nearly 40% upside from current levels.
Lire la suite →Amazon shares leaped 15.3% on Friday after reporting stronger-than-expected quarterly profit, with JPMorgan raising its price target to $365, while Apple dropped 7.4% on a cautious outlook. The divergent moves drove the S&P 500 to a 0.7% gain and the Nasdaq to a 1% rally.
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