Wall Street’s major indexes closed higher on Monday as investors digested the latest news on the Israel-Hamas war, with energy and defense companies rallying and shares of airline stocks dropping. Lisa Bernhard has more.
Loreen Gilbert, CEO of WealthWise Financial, says that the odds of another rate hike by the U.S. Federal Reserve before year’s end have dropped due the outbreak of war in the Middle East.
Loreen Gilbert, CEO of WealthWise Financial Services, said that “when and if” the war between Israel and Hamas “becomes a broader conflict – multination, multi-country conflict – that has the potential to certainly derail markets.”
