Pivotal.
U.S. markets shook off the weekend’s news of Israel’s bombing of Iran and looming political gridlock in Japan and embarked on an incredibly busy earnings and economic data-packed last full week before both the election and the next Fed interest rate decision on a positive note at the open on Monday. Oil prices suffered their biggest one-day fall in over two years on the back of an apparent lack of damage to Iranian oil facilities during Israel’s attack.
This hit the energy sector but most stocks generally got a boost from the retreat in recently-extended oil prices and at least a temporary…
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