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Stock impact report

Wars And Strikes Put Market On Edge [Forbes]

Piper Sandler Companies (PIPR) 
Last piper sandler companies earnings: 5/1 08:04 am Check Earnings Report
Company Research Source: Forbes
AFP via Getty Images Key Takeaways Middle East Tensions Push Oil Prices Higher, Markets Face Increased Volatility Dockworkers' Strike Adds Inflation Concerns As Economic Instability Grows Jerome Powell Hints At Smaller Rate Cuts Amid Rising Uncertainty Stocks got off to an auspicious start for October as tensions in the Middle East ratcheted higher and a dockworkers' strike injected and extra dose of volatility. The S&P 500 fell 0.9% and the Nasdaq Composite dropped 1.5%. Small cap stocks were also hit with the Russell 2000 dropping 1.5%. The Dow Jones Industrial Average was the best performing industry, but it too was down 0.4%. Tuesday morning began with a mixture of economic news that showed prices moderating further but a higher than forecast number of job openings in the most recent JOLTs report. However, markets barely had time to digest that data before escalating hostilities in the Middle East took center stage when Iran launched a barrage of missiles aimed at Isr Show less Read more
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