Wall Street ends higher on earnings, hopes of easing tariff tensions
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- Wall St futures kick off September under pressure as yields, oil prices rise
- Oil up around 2% as renewed US-Iran strikes stoke supply fears
- Two Saudi tankers struck in Strait of Hormuz Monday
- The Warsh pivot markets didn't expect
- Oil settles up by more than 2.5% as US and Iran resume military attacks
Citi: US Recession Odds Near 45pct Matching Earlier Reuters Poll, Says Largest Tariff Impact to Occur in Q2 2025
April 22, 2025 10:25 AM EDTCiti: US Recession Odds Near 45pct, Largest Tariff Impact to Occur in Q2 2025
Chief Economist spoke to clients earlier via a conference call. Intelligence comes via ReutersCiti odds of recession match up nearly identical to a Reuters poll 5 days ago (Citi says 40-45pct, Reuters says... More