Straits Times Index
3,176.51 -11.15 (-0.35%) Nikkei
37,068.35 -1,011.35 (-2.66%) Hang Seng
16,224.14 -161.73 (-0.99%) FTSE 100
7,895.85 +18.80 (+0.24%) Bitcoin USD
64,448.48 +1,984.93 (+3.18%) CMC Crypto 200
1,388.90 +76.28 (+5.81%)
Crude Oil May 24 (CLK24.NYM)
| Pre. Settlement | N/A |
| Settlement date | 2024-04-22 |
| Open | 82.62 |
| Bid | 83.20 |
| Last price | 82.73 |
| Day's range | 81.80 - 86.28 |
| Volume | |
| Ask | 83.21 |
- Yahoo Finance Video
The macro headwinds that geopolitical risks may stir up
As tensions in the Middle East escalate, investors are reevaluating their portfolio allocations to offset any geopolitical risks. Brandywine Global Portfolio Manager John McClain joins the discussion to provide insights on navigating this environment while crude oil prices (CL=F, BZ=F) are also slowly ticking up Friday. McClain highlights three key factors that investors should consider from a "macro perspective." Firstly, he sees "a lot of upside potential" for oil prices, driven by a supply-demand dynamic. Secondly, McClain emphasizes the importance of interest rates, calling the US Treasury market "a safe haven," although he cautioned that investors "have to be careful" with their positioning along the yield curve. Lastly, he highlights the "US exceptionalism" in the foreign exchange (FX) market with the US dollar benefiting from being "the only place to go for AI." When it comes to portfolio construction, McClain advises investors to focus on "what industries are driving" the particular region they are invested in. He underscores the crucial role played by central banks and their monetary policies, which can significantly impact portfolio performance. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
- Yahoo Finance Video
Israel strikes Iran, oil prices, Netflix earnings: 3 Things
Stock futures edge lower (^DJI, ^IXIC, ^GSPC) ahead of Friday's market open after Israel retaliated against Iran by launching its own series of airstrikes. Crude oil futures (CL=F, BZ=F) retreat on the headlines of increasing Middle East tensions, centered around the airstrikes coordinated by Israel last night. Lastly, Netflix (NFLX) shares fall in pre-market trading in the wake of reporting 9.3 million new subscriber additions in its first quarter. Ultimately, the streamer's second-quarter revenue forecasts have seemed to disappoint investors. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
Yahoo Finance UKTrending tickers: Bitcoin, oil, gold, Netflix
The latest investor updates on stocks that are trending on Friday.
