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FactSet: Brent crude drops 5 percent to 95 dollars amid Middle East de escalation; crypto rebounds
Brent crude oil prices declined by 5 percent to 95 dollars per barrel following emerging signs of de escalation in the Middle East conflict. The drop comes as the U.S. proposed a 15 point plan aimed at ending hostilities in the region.
At the same time, the crypto market experienced a rebound, according to FactSet. Market participants are closely monitoring the impact of geopolitical developments on energy and digital asset prices.
FactSet recently reported that analysts lowered EPS forecasts for S&P 500 companies this quarter, ending a recent growth streak for the index. The firm now projects S&P 500 first-quarter 2026 earnings growth at 12.5 percent, slightly below its December estimate of 12.7 percent. These revisions come as investors track shifts in energy and equity markets in response to geopolitical events.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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