From Nasdaq: 2024-04-15 11:33:06

Stock indexes are up today on hopes of easing tensions between Iran and Israel. Global markets are mixed, with strong US retail sales contributing to a rise in bond yields. Expectations for a rate cut are low. In stock news, M&T Bank and Goldman Sachs lead gains, while Molina Healthcare and Tesla lead losses.

Bond yields are up as safe-haven demand for T-notes falls. European bond yields also rise, with the Eurozone seeing an increase in industrial production. ECB members suggest multiple rate cuts this year. In US stock news, M&T Bank, Goldman Sachs, Centene, and MercadoLibre lead gains, while Molina Healthcare, Salesforce, and Tesla face losses.

Earnings reports for April 15, 2024 include various companies like Charles Schwab and Goldman Sachs. Sales of Apple iPhones fall short, leading to a decline in their stock. In broader markets, indices continue to rise on geopolitical hopes but face pressure from increasing bond yields and hawkish Fed policy.



Read more at Nasdaq: Stocks Climb Although Iran-Israeli Tensions Remain High