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Stock futures jump, oil prices retreat on report Trump willing to end war

The president is willing to end hostilities even if the Strait of Hormuz remains largely closed, WSJ reports
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U.S. stocks are faring worse than during past geopolitical shocks — and there’s plenty of room for them to fall further

The S&P 500 is down 7.4% since the Iran conflict began — worse than the median 6.1% decline during previous geopolitical shocks.
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Fed chief Powell says risks to economy suggest rates could go lower or higher

Powell said the Fed isn’t facing an imminent decision on what to do with rates because “we don’t know what the economic effects” of the Iran war will be.
The S&P 500’s correction is ‘getting closer to its ending,’ says Morgan Stanley’s Mike Wilson

Here’s what makes this cycle different than others that saw oil prices spike.
‘Several hurricanes have come close’: I’m 73 and live in a mobile home in Florida. Do I ditch my $2,400 home insurance?

“I live in a 2016 double-wide mobile home with no mortgage.”
U.S. stock futures sink, oil prices surge as Iran war shows no signs of letting up

U.S. stock-index futures fell and oil prices surged again on Sunday, following sharp losses on Wall Street on Friday, as investors are waking up to the reality that the economic effects of the Iran war — now entering its fifth week — are likely to last longer than first expected.
Investors have nowhere to hide as financial markets groan under the weight of the Iran conflict

Four weeks into the Iran conflict, global financial markets are starting to show some serious signs of strain.



