Home / Adel (page 26)

Adel

Wall Street Wavers at Record Highs as S&P 500 Breaches 7,000 Amid Geopolitical Optimism and Earnings Beats

Key Takeaways: Record-breaking rally: The S&P 500 closed above 7,000 for the first time in history, while the Nasdaq notched a fresh all-time peak. Geopolitical pivot: Markets are pricing in a resolution to the U.S.-Iran conflict, though analysts warn the upside from peace talks may be capped. Blockade persists: A …

Read More »

Aluminum Prices Smash Four-Year Highs as Geopolitical Turmoil Threatens Global Supply Chains

Key Takeaways: Prices hit multi-year peaks: LME aluminum breached $3,636 per metric ton, its highest level since March 2022, while Shanghai futures jumped 2.9%. Massive supply deficit looms: Analysts at JPMorgan Chase forecast a 1.9-million-ton shortfall this year—the largest since 2000—driven heavily by Middle Eastern production losses. Global inventories plunge: …

Read More »