economy
S&P 500 paces for first winning week since Iran war began
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
TL;DR
- Stocks initially fell hard after President Trump's speech on the Middle East war but later recovered some losses.
- Rising helium prices, exacerbated by the conflict in Qatar, are seen as a potential tailwind for companies like Linde and Air Products and Chemicals.
- Linde shares have performed well year-to-date, outpacing many Club names.
- The March jobs report is expected to show job growth, but the market will not react in real-time due to the Good Friday closure.
- Next week features several key economic data releases, including ISM Services Index, Durable Goods, PCE, GDP, CPI, and consumer sentiment.