European Union leaders in Brussels on Wednesday appealed for calm to prevail as Israel mulls a response to a direct attack from Iran amid the prospect of escalating tensions in the Middle East. German Chancellor Olaf Scholz urged Israel not to retaliate against Iran with a “massive attack of its own” in an appeal for […]
Tag: IsraelIran
Saudis, UAE Warn of War Dangers as Israel-Iran Tensions Boil
(Bloomberg) — Saudi Arabia and the United Arab Emirates called for maximum “self-restraint” in the Middle East to spare the region “from the dangers of war and its dire consequences,” in an unusually frank joint statement Wednesday. Most Read from Bloomberg The comments came after a call between Saudi Arabia’s Crown Prince Mohammed Bin Salman […]
US indexes reverse lower on worries of Israel-Iran escalation and spiking Treasury yields
Andrew Kelly/Reuters US stocks fell on Monday as investors worried about an escalation of the Israel-Iran conflict. The risk-off nature of Monday’s market action sent the 10-Year Treasury yield to its highest level of 2024. March retail sales data surged 0.7%, more than double consensus estimates of 0.3%. US stocks reversed their Monday morning gains […]
US stocks surge as investors brush away Israel-Iran conflict fears in favor of solid retail sales data
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2020.Andrew Kelly/Reuters US stocks jumped on Monday as investors brushed away concerns about the Israel-Iran conflict. Stock gains extended following March retail sales data, which climbed 0.7%, more than double expectations of 0.3%. First-quarter earnings results […]