Financial Markets Report For Thursday, Feb 26

Geopolitical tensions between the U.S. and Iran are rattling markets, with NVIDIA and Salesforce leading a tech-led downturn. Major indices face technical pressure ahead of key PPI data releases.

Ira Epstein covers the recent geopolitical tensions between the U.S. and Iran, highlighting a failed meeting that has escalated concerns of a potential U.S. military strike.

He discusses the impact of these tensions on financial markets, noting fluctuations in metal and energy markets, and a dow (DIA)nturn in the stock market, particularly affecting tech stocks like NVIDIA (NVDA) and Salesforce (CRM).

Epstein also analyzes the technical aspects of major indices such as the S&P, Nasdaq (QQQ), and Dow, pointing out their struggles with key moving averages and momentum indicators. He mentions upcoming economic data releases, such as the PPI numbers, which could further influence market movements.

Video Length: 00:08:54


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