S&P 500 futures gain as Trump hints at Middle East peace
Business
US stock futures bounced back Tuesday after President Trump hinted at a possible end to the Middle East conflict.
This helped calm fears about energy prices and economic slowdowns, helping pare recent losses.
Oil prices had been spiking and shipping was disrupted
Oil prices had been spiking and shipping was disrupted, making everything from flights to deliveries more expensive.
Now, with peace signals in the air, investors are feeling more optimistic, and talk of Fed rate cuts has shifted from July to September.
Individual stocks have managed solid gains
Airline and travel stocks rebounded earlier in the week as energy prices eased. Tech stocks like Broadcom jumped too, boosted by big AI revenue projections.
Even with some uncertainty ahead, individual stocks have managed solid gains despite all the recent ups and downs.