S&P 500 & Christine Lagarde

S&P 500: The S&P 500 has scaled new highs despite rising energy costs and inflation worries, indicating that corporate profits have been buoyant in the first quarter, though margin forecasts are being cut for the second quarter.

Christine Lagarde: Christine Lagarde, President of the European Union — European Central Bank, has stated that the bank's future decisions on interest rates depend on how long energy prices remain elevated due to the Iran war.

S&P 500: The S&P 500 climbed, reflecting a dramatic turnaround in US stocks as investors reacted positively to the potential peace deal between the US and Iran.

Christine Lagarde: Christine Lagarde, President of the European Union — European Central Bank, welcomed the US-Iran ceasefire, expressing optimism about the reopening of the Strait of Hormuz and its potential positive impact on the global economy.

S&P 500: The European tech sector outperformed the S&P 500 tech sector, highlighting a relative strength in European markets.

Christine Lagarde: Christine Lagarde, European Union — European Central Bank President, is a speaker at the European Union — European Central Bank's Sintra conference, and her remarks will be scrutinized for monetary policy outlooks.

Christine Lagarde: Christine Lagarde, head of the European Union — European Central Bank, warned that the Iran war could lead to faster price increases by businesses, impacting inflation.