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Stock impact report

Wall Street priced a swift bombing campaign. What it got was an energy war. What is the off-ramp for this conflict, and when? What can the Fed do? Even if it ended today, what would the ec...

Bank of America Corporation (BAC) 
Last bank of america corporation earnings: 4/15 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.bankofamerica.com
What we're reading Economic data releases and earnings Wall Street initially priced in a swift US bombing campaign as President Trump made his move against Iran. What investors got was an oil war. Stocks pulled back again this week as oil prices remained elevated and the Pentagon again ramped up its capacity to strike at Iran, sending three warships to the Middle East and thousands more Marines. Iran, meanwhile, remains defiant, vowing to sustain attacks on Gulf nations and maintain a menacing hold on the Straight of Hormuz. Three weeks into the war , the prospect of the US taking over a key Iranian energy terminal — in an effort to get oil shipments flowing again — highlights the rapidly expanding scope and stakes of the conflict. Some analysts warned that investors have still not come to grips with the risks. Under threat of attacks on crucial infrastructure and the disruption that has already rocked energy markets, an understanding of the war as a reverberating, econom Show less Read more
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