Goldman Stock Slides After FICC Unexpectedly Misses Despite Highest Overall Profit In 5 Years

US Business Confidence Soared In April Amid "Panic, Emergency" Buying Ahead Of Price Spike Despite the recent slide in 'hard' macro data, analysts expected an incremental improvement in the preliminary April S&P Global PMI data this morning. Consensus was right as both Services and Manufacturing surveys signaled an uptick in April US business activity growth recovered slightly in April having slowed to near-stagnation in March following the outbreak of war in the Middle East. However, the overall pace of expansion remained subdued, most notably in the services economy where demand faltered. Flash US...

Iran Oil Official In Surprise Admission: 'Fate Of Our Refineries Now At Risk' As US Blockade Begins To Bite Summary Iran oil sector official admits "serious threat" - telling NYT: "export of our oil and energy and the fate of our refineries is now at risk." US Navy jet fires on Iran-flagged tanker trying to reach Iranian waters & port. Axios reports that the White House is nearing a preliminary deal with Iran to end the war, as Trump post appears to offer olive branch. Other reports say just hammering out at 'framework' for...

Futures, Bonds Tumble, Oil Surges After Middle East Attacks Resume Summary Equity Futures Tumble, Oil Surges On Fresh Middle East Strikes  US forces carried out airstrikes on an Iranian military site and imposed new sanctions to prevent Tehran from profiting from vessels transiting the Strait of Hormuz. In response, Iran targeted the American airbase from which the attack originated, according to a Tasnim report, which cited the Islamic Revolutionary Guard Corps. Kuwait also said it’s responding to hostile missile and drone threats New US strikes in Iran reported, after Iranian drone intercepts in Hormuz area. Trump red line (PBS):...