Prime Capital Financial CIO Will McGough discusses market reactions to the U.S.-Iran peace deal, causing oil prices to drop and airline stocks to soar.
Oil prices drop significantly to $80 a barrel after the finalized U.S.-Iran deal, sparking a surge in airline stocks across the board. Market strategists discuss the Fed’s upcoming meeting under Kevin Warsh, debating rate hike probabilities amid falling inflation signals. SpaceX’s historic IPO pushes its valuation to $2 trillion, crowning Elon Musk the first trillionaire.
Read the full article here