{"id":2286,"date":"2024-04-16T05:40:29","date_gmt":"2024-04-15T21:40:29","guid":{"rendered":"https:\/\/applelatest.com\/uncategorized\/2286.html"},"modified":"2024-04-16T05:40:29","modified_gmt":"2024-04-15T21:40:29","slug":"%e4%bb%8a%e6%97%a5%e8%82%a1%e5%b8%82%ef%bc%9a%e7%be%8e%e8%82%a1%e5%a4%a7%e6%bc%b2%ef%bc%8c%e6%8a%95%e8%b3%87%e8%80%85%e4%b8%80%e6%8e%83%e4%bb%a5%e8%89%b2%e5%88%97%e8%88%87%e4%bc%8a%e6%9c%97%e6%b2%96","status":"publish","type":"post","link":"https:\/\/applelatest.com\/en\/stocks\/2286.html","title":{"rendered":"STOCK MARKETS TODAY: U.S. Stocks Surging as Investors Brush Off Israel-Iran Confrontation Concerns, Focus on Solid Retail Sales Data"},"content":{"rendered":"
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\"cdf6436b7cc2528012e335e6d10331d0\"<\/div>\n<\/div>\n<\/div>\n
Traders work at the New York Stock Exchange (NYSE) Prefabrication in New York, U.S., March 5, 2020The<\/span><\/figcaption><\/div>\n<\/figure>\n
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    U.S. stocks jumped on Monday as investors' fears of an Israeli and Iranian conflict were swept away.<\/strong><\/p>\n<\/li>\n

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    The stock market rally continued after March retail sales data climbed 0.7%, more than double the 0.3% estimate. <\/strong><\/p>\n<\/li>\n

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    As first-quarter earnings reports are being released, Goldman Sachs has impressed investors by reporting better-than-expected results.<\/strong><\/p>\n<\/li>\n<\/ul>\n

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    U.S. stocks jumped Monday as investors shifted their attention from this weekend's Israel-Iran conflict to solid economic data and a new batch of corporate earnings reports.<\/p>\n

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    Iran fired hundreds of missiles and drones at Israel, but Israel's defenses, backed by its allies, intercepted almost all of them.<\/p>\n

    \"There seems to be a general sense of relief that Iran's bombing of Israel on Saturday was largely repelled and apparently relatively easy,\" said Dave Morrison, senior market analyst at Trade Nation.<\/p>\n

    As the market turns to the week ahead, investors were most concerned with solid economic and earnings data on Monday, as retail sales rose by 0.7% in March, more than double the consensus estimate of 0.3%. While the solid sales data could lead to a longer road to deflation, it does suggest that the US economy remains on solid footing.<\/p>\n

    Meanwhile, Goldman Sachs' first-quarter results beat Wall Street expectations, with its investment banking and fixed-income businesses the main drivers of profit growth. Shares of Goldman Sachs jumped nearly 4% in early rock trading Monday.<\/p>\n

    Here's what the U.S. stock indexes are doing shortly after the 9:30 a.m. opening bell on Monday: <\/strong><\/p>\n

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      S&P 500 Index<\/strong>::<\/strong>5,161.17 points, up 0.73%.<\/p>\n<\/li>\n

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      Dow Jones Industrial Average<\/strong>38,333.38 points, up 0.95% (+358.95 points)<\/p>\n<\/li>\n

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      Nasdaq Resonance<\/strong>indices<\/strong>16,239.01 points, up 0.38%.<\/p>\n<\/li>\n<\/ul>\n

      Here are some other events that happened today: <\/strong><\/p>\n

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        If the Fed cuts interest rates too soon, the average U.S. home price could soar to a record $500,000 in 20%, experts say.<\/p>\n<\/li>\n

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        Trump Media & Technology Group Bubba filed to sell millions of shares of stock with the U.S. Securities and Exchange Commission, after which the company's stock plummeted nearly 20%.<\/p>\n<\/li>\n

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        Goldman Sachs announced its highest quarterly profit since 2021. Here's the industry breakdown.<\/p>\n<\/li>\n<\/ul>\n

        Commodities, bonds and cryptocurrencies: <\/strong><\/p>\n

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          West Texas resonance Intermediate crude fell 0.51% to $85.22 a barrel. International benchmark Brent crude oil fell 0.60% to $89.91 per barrel.<\/p>\n<\/li>\n

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          Gold fell 0.081 TP3T to $2,372.20 an ounce.<\/p>\n<\/li>\n

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          The 10-year Treasury yield climbed 8 basis points to 4.61%.<\/p>\n<\/li>\n

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          Bitcoin rose 0.50% to $68,119.<\/p>\n<\/li>\n<\/ul>\n

          Read the original article on Business Insider<\/p>\n

          <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

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