- The S & P 500 came a record yesterday high on Thursday amid a horrible warning on Iran by President Trump, who sent oil prices.
- Oracle (ORCL – Get Report) rose after company software exceeded analysts' expectations for fiscal fourth quarter and said first-quarter earnings would likely reach the highest forecasts.
- Tesla's shares (TSLA – Get Report) fell after Goldman Sachs analysts cut their stock price levels while claiming that Wall Street demand for a clean energy maker is likely too optimistic
Overview on Wall Street
The S & P 500 came out of a record high Thursday yesterday in a gruesome warning to Iran by President Trump, who sent oil prices.
The S & P 500 set a tough day at the beginning of Thursday at 2,956.20. At the last check the index rose by 0.5% to 2.941
Speaking to reporters about the US reaction to Iran's actions, Trump, who claims the throne is in international waters, said, "You'll find yourself out." He also said the incident may not have been intentional.
"I think they made a mistake, and I'm not just saying that the country has made a mistake, I think someone under the command of this country has made a big mistake
Brent crude oil has risen by 3.87% to $ 64.21 a barrel and Western Texas to 5.23% to $ 56.79 a barrel
The news sent oil stocks, such as Exxon Mobile (XOM), Chevron (CVX – Receive Report) and Noble Energy (NBL – Report Receipt) All Profit From Publication
Fed Chairman Jerome Powell and his colleagues from the Federal Republic of open-market mystery made a reference to being a "patient" in the surveillance of incoming data in a statement Wednesday after the Central Bank's decision to maintain stable interest rates instead of the Federal Reserve said it would act "appropriately" to maintain economic expansion for nearly 10 years.
Powell opposed President Donald Trump, holding steady interest rates, but he made the prime minister on the market for multiple price cuts between now and
"The resilience of the stock against the growing gee the US and Iran's political tensions are a strong reminder not to fight the FED, "said Alec Young, managing director of global market research, FTSE Russell. "As the central bank keeps interest rates down, it inoculates investors from other risks because the price of capital and the competition from the bonds fall, and it will be interesting to see if this will continue if the G20 summit next week fails to live up to investors' high expectations of a breakthrough in US-Chinese trade. "
" The president's tweeter has sent oil even higher by removing it from its short-term downward trend, "said Phil Flynn, dose inhaler device of Price Futures Group in Chicago. "Chances of conflict are increasing, and if the fight involves the Strait of Hormuz, it can become very dangerous, of course, the Fed and strong demand also help." Oracle (ORCL – Get Report) grew 7.4% to $ 56.58 after company software exceeded earnings and revenue analysts' expectations for fiscal fourth quarter, and first-quarter earnings are likely to reach the highest forecasts .
Tesla's shares (TSLA – Get Report) dropped 3.2 percent to 219.15 dollars after Goldman Sachs analysts cut their share price, claiming Wall Street's forecasts for cleaner
DRI – Get Report grew by almost 1 percent to $ 118.57 after Olive Garden, Longhorn Steakhouse and Cheddar's Scratch Chicken restaurants lost Wall's earnings expectations Street for the fourth quarter.
In economic news, the Philadelphia Federal Reserve's production index declined to 0.3 in June from 16.6 in May, the lowest since February, when the index fell to zero. Initial unemployment claims, a rough way to measure layoffs, have fallen from 6,000 to 216,000 in the seven days ended June 15. Economists expects expected new claims to reach seasonally adjusted 220,000.
Canopy Growth (CGC) has approved a $ 3.4 billion merger with the US Cannabis Production Company ACRGF on Wednesday, is expected to report on post-closing earnings on Thursday. What Jim Cramer does not like for the direct list of Slack