Global markets moved swiftly after the United States and Iran agreed to a two-week ceasefire, a development that eased immediate fears of prolonged conflict. The agreement included a commitment to reopen the Strait of Hormuz, a critical route for global oil shipments. Investors reacted almost instantly, pushing stock futures higher while oil prices dropped sharply….
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S&P 500 slides 1% as Microsoft plunge derails tech rally
Courtesy: adam smigielski from unsplash U.S. stocks retreated Thursday as a sharp decline in Microsoft weighed heavily on the broader market, undercutting optimism around recent earnings from the technology sector and reviving concerns about valuations and growth expectations. The pullback came as investors also assessed the Federal Reserve’s latest interest rate decision and guidance on…