Wall Street Brunch: Oil And Rates Will Still Dominate Sentiment

The key event is elevated geopolitical risk from the Iran conflict, which is creating upside pressure on oil prices and could feed through to interest rates and market volatility. Separately, GameStop (GME) earnings and CEO Ryan Cohen's push for an investment-platform strategy are the primary stock-specific catalyst and could move GME shares by a few percent on the print and accompanying commentary.

Analysis

The key event is elevated geopolitical risk from the Iran conflict, which is creating upside pressure on oil prices and could feed through to interest rates and market volatility. Separately, GameStop (GME) earnings and CEO Ryan Cohen's push for an investment-platform strategy are the primary stock-specific catalyst and could move GME shares by a few percent on the print and accompanying commentary.