Stock market today: US stocks surge as investors brush away Israel-Iran
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US stocks surged on Monday as investors shifted their focus away from the Israel-Iran conflict and turned toward solid economic data and company earnings. Iran fired hundreds of missiles and drones at Israel, but its defense system intercepted nearly all of the projectiles. Retail sales in March climbed 0.7%, beating expectations of 0.3%. Goldman Sachs reported first-quarter earnings that beat Wall Street estimates, with its investment banking and fixed-income businesses driving much of the profit beat. Crude oil dropped 0.51% to $85.22 a barrel, while gold edged lower by 0.08% to $2,372.20 per ounce. The 10-year Treasury yield climbed 8 basis points to 4.61%.

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https://emeatribune.com/stock-market-today-us-stocks-surge-as-investors-brush-away-israel-iran-conflict-fears-in-favor-of-solid-retail-sales-data/