US equities are nearing previous highs despite ongoing concerns about higher energy prices stemming from the Iran conflict. While tech earnings and Fed decisions fueled investor optimism, the persistent rise in oil prices continues to pose a risk of inflation and potential interest rate hikes, particularly in Europe.
Why US stocks are rising: Nasdaq hits record after weaker jobs data cools rate-hike bets; Nike shares drop on forecast
US stocks rose, with the Nasdaq Composite hitting a record high after disappointing jobs data emerged. Lower Treasury yields and declining oil prices contributed to