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JPMorgan Chase Chief Executive Jamie Dimon warns the tepid stock-market reaction on Monday to the U.S. and Israeli attack on Iran was just another example of the complacency in markets.
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Also in today's newsletter: Blackstone's flagship private credit fund hit by outflows and OpenAI amends US defence contract
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European indices and US futures down as conflict escalates across region
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Best Buy's earnings beat was enough to please investors, who had low expectations ahead of the retailer's quarterly results.
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Best Buy's holiday sales disappoint, but retailer shows progress in growing profits CNBCBest Buy Surges After Profit Last Quarter Tops Estimates BloombergWhy Best Buy's stock is soaring, even as sales and full-year outlook disappoint MarketWatchBest Buy Forecasts Tepid Growth as Consumers Focus on Value WSJ
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Stock futures tumble as traders monitor latest with U.S.-Iran conflict: Live updates CNBCAsian shares are mostly lower as investors focus on the Iran war's impact on energy supplies WBAL-TVAs global markets tanked over Iran, U.S. stocks were mostly unscathed. Here's why. MarketWatchAsia Poised for Weak Open After Treasuries Sink: Markets Wrap Bloomberg
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Higher fuel prices and lower demand for international flights are expected to eat into airlines' profits.
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Livestock producers tout benefits of rearing pigs in multistorey buildings
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There is an old saying in markets: Buy when the bullets (or bombs or missiles) fly.
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Investors leaned onto U.S. energy stocks on Monday, with the widening conflict in the Middle East boosting shares of major U.S. exploration and production and integrated-energy companies, in particular Chevron.
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