US EQUITY OPEN: Indices in the red as geopolitics remain in focus, as WMT earnings lift Staples
U.S.
US ITC reportedly to open a probe of USMCA automotive rules of origin
US President Trump says we will find about Iran in about 10 days, with reference to if a deal can be attained or not. Have ordered 22 additional B2 bombers. Thinks Hamas will give up its weapons.
US EQUITY OPEN: Indices in the red as geopolitics remain in focus, as WMT earnings lift Staples
US President Trump announces that he will go to China in April
US Pending Home Sales MoM (Jan) M/M -0.8% vs. Exp. 1.3% (Prev. -7.4%, Rev. From -9.3%)
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equity indices are trending lower as ongoing geopolitical tensions weigh on investor sentiment, despite positive earnings from Walmart that have given a lift to the consumer staples sector. This juxtaposition suggests that while defensive stocks may find support in uncertain markets, broader equities are still vulnerable to geopolitical developments, which could dictate market volatility in the short term.
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