Sirens sounded in Kuwait and Bahrain, Al Arabiya reports
The report of sirens sounding in Kuwait and Bahrain raises concerns about potential military escalations in the region.
Charles Schwab (SCHW) sees FY revenue increasing by 17.5-18.5% vs prior year; FY adj. expenses to grow by 9.5 to 10.5% Y/Y
Kuwait says it is currently responding to Iranian drones and missiles
Sirens sounded in Kuwait and Bahrain, Al Arabiya reports
UBS raises its year-end S&P 500 target to 8,100
Haliburton (HAL) says Middle East activity is recovering following the conflict, but pace remains dependent on day-to-day security developments
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This could lead to a spike in oil prices and strengthen safe-haven assets like gold and the USD, as uncertainty typically drives investors towards lower-risk options. Traders should position for volatility as market sentiment may react strongly to developments around this situation.
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