Moody’s says a recession will be hard to avoid if oil prices stay elevated for even a few more weeks

The outlook for the U.S. economy will continue to darken as long as the Strait of Hormuz remains effectively closed to oil-tanker traffic, even though the U.S. now produces about as much oil and natural gas as it consumes.
This biotech is working on a GLP-1 pill that could be better than the Wegovy version

This experimental pill helped people lose about 16% of their body weight after about a year of treatment
U.S. stocks have been surprisingly resilient as the Iran conflict threatens global economic disruption. Thank industry analysts?

It probably helps that Wall Street analysts have continued to raise their earnings forecasts, according to Ed Yardeni, founder of Yardeni Research.
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Here’s how much more U.S. drivers are paying at the pump as the Iran conflict enters a third week

U.S. drivers are paying the highest per-gallon price for gasoline at the pump since the fourth quarter of 2023 as the Iran conflict entered a third week on Monday.
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Risks of a bear market are growing, says Goldman Sachs. Here are the trades to make.

Elevated oil prices can hurt economic growth, making cyclical stocks less attractive
Nvidia’s big GTC event is on deck, and the company faces a very high bar this year

Nvidia “is having a harder time moving the needle” these days, one analyst notes.
U.S. stock futures bounce back, oil falls as investors weigh developments in Iran conflict

U.S. stock-index futures reversed early losses on Sunday as the market braced for another surge in oil prices this week, with the conflict with Iran threatening to escalate further.



