Morning Bid: Mideast flare-up spooks markets [Yahoo! Finance]
Procter & Gamble Company (The) (PG)
Last procter & gamble company (the) earnings: 4/17 07:00 am
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Source: Yahoo! Finance
Barring a reversal, world stocks are set to log their sharpest weekly drop since September and the dollar is at year-to-date highs. Even before Asian markets turned decisively risk averse on reports of explosions in Iran, and an Israeli strike, investors were rattled by disappointing results and hawkish Fedspeak. Then reports of attacks on Isfahan, Iran, drove gold above $2,400 an ounce, Brent crude over $90 a barrel and demand for dollars and yen. Stocks sank and bonds rallied. The lack of detail on damage in early dispatches had traders pulling back some of their flight-to-safety moves but the volatility was hardly comfortable heading into the weekend. It's unsettling because it dovetails with other negative developments for markets during the week and has renewed a rally in commodities that is going to add to inflationary pressure. Iran is the third-largest OPEC oil producer and pumps 3% of total world output. Oil is up 16% in 2024. Copper, an industrial metal, is up 14%.
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PG
Earnings
- 4/19/24 - Beat
PG
Sec Filings
- 5/1/24 - Form 4
- 4/29/24 - Form 8-A12B
- 4/29/24 - Form 8-K
- PG's page on the SEC website