Start of Earnings Season Sets Tone for Mag 7 & Stock Market's Record Run

Weekly jobless claims came in slightly below Wall Street estimates, reinforcing the view that markets can stay resilient even as indexes trade at all-time highs. The main risk flagged is geopolitical headline risk, with U.S.-Iran developments potentially triggering near-term volatility in forward price action.

Analysis

Weekly jobless claims came in slightly below Wall Street estimates, reinforcing the view that markets can stay resilient even as indexes trade at all-time highs. The main risk flagged is geopolitical headline risk, with U.S.-Iran developments potentially triggering near-term volatility in forward price action.