Morgan Stanley's Wilson Says Geopolitical Selloffs Fade Fast
US strikes on Iran's nuclear facilities are dominating headlines but selloffs caused by geopolitical events tend to be brief, according to Morgan Stanley strategists.
Market reaction has been muted after the US joined Israeli attacks over the weekend, with Brent crude prices rising as much as 5.7% before paring most gains on Monday. Still, Iran could respond to the escalation by disrupting traffic through the Strait of Hormuz, a major route for oil and natural gas.
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Fast Company
33 minutes ago
- Fast Company
Employee support shouldn't start at the breaking point
Burnout has become an escalating crisis in the modern workplace. As many as 57% of workers experience the negative impacts of work-related stress and burnout, driven by overwhelming amounts of work, not enough resources, and economic uncertainty. This isn't just an employee well-being issue—it's a business issue. Burnout erodes engagement, drives turnover, and drains productivity, on average costing companies approximately 15% to 20% in payroll. The mistake most organizations make is waiting too long to step in and help. Support often arrives after someone is already overwhelmed, grieving, or emotionally checked out. We need resilient systems if we want resilient teams—teams that can adapt, recover, and perform through disruption. This starts with replacing or supplementing reactive gestures, such as an employee assistance program (EAP) hotline, leave of absence, or wellness webinars, with infrastructure that consistently supports people through the complexity of real life, not just their workloads. Resilience isn't just about helping people recover from a crisis—it's about recognizing the full spectrum of life's disruptions, both big and small. Sometimes it's a tragedy. But just as often, it's transition: a cross-country move, a parent's declining health, a child's wedding, or the quiet pressure of managing too much for too long. These moments don't always come with a formal request for help, which is why reactive support models fall short. A truly resilient organization builds systems that assume people will need support and shifts from episodic support to an embedded support system. Instead of waiting for someone to raise their hand, it proactively puts structures in place that meet employees where they are—before, during, and after change. The most effective organizations are proactively integrating support into how they operate, communicate, and lead for employee well-being. Examples include: Life navigation services that help employees manage major transitions, like caregiving, end-of-life planning, or financial and legal challenges after a death in the family. Peer-based support networks, including trained mental health allies or employee resource group leads who are visible, accessible, and empowered to connect teammates to help. Crisis-aware leadership trained to ask deeper questions, spot warning signs, and create space for people to step back, recover, or reset without penalty. Flexible infrastructure to help employees respond to the unpredictable—from school closings to elder care needs—without disrupting their livelihood. Proactive use of people analytics to spot patterns of burnout or disengagement and identify support gaps early to intervene before they compound. But programs alone aren't enough. The signs that someone needs support are often subtle, and burnout rarely begins with a dramatic breakdown. It starts with small changes—a high performer who goes quiet in meetings, a team member who starts logging on late, or a leader who suddenly misses details they wouldn't have missed before. In high-performing cultures, people may not admit or vocalize that they're struggling. Employees need to feel comfortable trusting that it's safe to ask for help before they reach a breaking point. And that trust is shaped by what leaders model, what behaviors are rewarded, and how organizations respond when life inevitably interrupts work. That's why culture matters just as much as infrastructure. Culture tells employees whether they can actually use the resources that exist. You can have the best support offerings in the world, but if you don't normalize using them or employees worry they'll be penalized for needing help, none of it matters. Resilience is built when leaders model vulnerability, teams normalize checking on one another, and support becomes part of everyday work, not just a once-a-year initiative. So, ask yourself: Do your people know where to go when life throws something big at them? Do your leaders know how to respond when it does? Are you building a culture that helps people reset, not just perform? FINAL THOUGHTS Too often, we talk about resilience as if it lives entirely within the individual. But in any organization, it's shared—a balance of what the company provides and what the employee brings. It's the organization's responsibility to create an environment where asking for help is safe, support is accessible, and care is embedded in how work gets done. It's the individual's responsibility to show up with awareness, to use what's available, and to keep growing through what life brings. The companies that will thrive in the next chapter are the ones building systems and cultures that reflect that truth. Because support shouldn't start at the breaking point—it should already be there.
Yahoo
33 minutes ago
- Yahoo
Stock market today: Dow, S&P 500, Nasdaq futures waver as Wall Street weighs Iran's next move
US stock futures wobbled on Monday while oil prices gained, as markets calculated Iran's next move after the US entered the Middle East conflict by striking its nuclear sites. Dow Jones Industrial Average futures (YM=F) edged down 0.1%. Contracts on the S&P 500 (ES=F) and on the tech-heavy Nasdaq (NQ=F) were little changed. Stock futures are fluctuating between small gains and losses after sliding on the heels of President Trump's decision to join Israel's attacks on Iran on Saturday. Investors are on edge over a shock surge in energy prices if Iran blocks the key Strait of Hormuz waterway, as that would have repercussions for economies worldwide. Trump said late Saturday that the US had struck Iran's three main nuclear enrichment facilities, saying the sites had been "totally obliterated" — a claim that has since been questioned. He threatened Iran with more attacks if the country did not quickly seek peace talks. The focus now is on Iran's next step — both militarily and diplomatically. Its foreign minister on Sunday said it reserves "all options," while its parliament has reportedly voted to block the Strait of Hormuz — though Iran's leaders have yet to make a final decision. After the bombings, oil futures surged over 4% amid jitters about disruption to energy supplies. That spike unwound somewhat early Monday morning, amid skepticism that Iran will follow through on its threat. But prices are advancing again, with Brent crude (BZ=F) futures trading above $77 a barrel and WTI crude futures (CL=F) topping $74 a barrel. Elsewhere in markets, gold (GC=F) ticked higher, also switching course amid wavering haven demand. Energy stocks rose alongside rising oil prices in premarket trading on Monday while overall stock futures wobbled. Those with oil production in the US and outside the Middle East caught a bid as investors weighed the possibility of further disruption to the oil supply following the US strikes on Iran. The Energy Select Sector SPDR Fund (XLE) advanced 0.6% and has risen 6% in the past month. Here's a look at how trending energy stocks are trading this morning: View more trending tickers here. Yahoo Finance's Jennifer Schonberger reports: Read more here. Economic data: Chicago Fed activity index (February); S&P Global US Manufacturing PMI (March preliminary); S&P Global US services PMI (March preliminary); S&P Global US Composite PMI (March preliminary) Earnings: FactSet (FDS), KB Home (KBH) Here are some of the biggest stories you may have missed overnight and early this morning: Trump just made the Fed's rate call even more complicated Opinion: Trump wages 2 wars — one with trade partners, one with Iran Why Iran could hold off blocking the Strait of Hormuz Oil erases spike in gains in wait for Iran's response Morgan Stanley: Geopolitical selloffs tend to fade fast Analysts react as markets brace for Iran's next move Dollar advances as investors brace for Iran response to US attacks BNY Mellon approached Northern Trust for merger: WSJ Here are some top stocks trending on Yahoo Finance in premarket trading: Tesla (TSLA) stock rose over 1% in premarket trading after rolling out its driverless taxi service to riders on Sunday. The debut of the robotaxi was introduced to a handful of riders, which included retail investors and social-media influencers in Tesla's hometown of Austin. Wolfspeed (WOLF) stock fell 11% in premarket trading on Monday after announcing it plans to file for bankruptcy in the US under a new restructuring agreement with its creditors. The agreement would provide fresh financing and slash debt by nearly 70%. Northern Trust Corporation (NTRS) shares rose 4% before the bell after a report from The Wall Street Journal said that Bank of New York Mellon Corp had reached out to the asset and wealth manager and expressed interest in a merger. Most investors will awaken today searching online for "Strait of Hormuz" after the weekend attacks from the US on Iran. For speed of analysis purposes, if this key oil shipping hub closes down (seems like it won't happen, based on everything I am seeing this morning), it could really send oil (CL=F, BZ=F) prices skyrocketing. Here's what Goldman's team estimates: "If oil flows through the Strait of Hormuz were to drop by 50% for one month and then were to remain down 10% for another 11 months, we estimate that Brent would briefly jump to a peak of around $110." Read more here on Goldman's scenarios. Gold pushed higher with the world in limbo as the US joined Israel's attack on Iran over the weekend. No formal response has been issued by Iran, with wider fallout expected. Spot gold climbed 0.2% to $3,375.04 an ounce taking it to within $125 of its record high as investors sought safe-haven assets in a tumultuous economic situation. Gold then sank 0.5% despite broader haven demand. Bloomberg reports: Read more here. Wall Street is closely watching escalating tensions in the Middle East after President Trump confirmed that the US launched a surprise strike on Iran's nuclear sites late Saturday, marking the country's official entry into the two-week-old conflict. Markets have held mostly steady in the aftermath of the escalation, although US stock futures fell across the board when trading opened Sunday evening. Additionally, bitcoin (BTC-USD) prices, often viewed as a barometer of risk appetite, dropped over 1.6% to trade around $100,500 a coin. WTI crude (CL=F) and Brent (BZ=F) futures jumped, trading near $76 and $79 a barrel, respectively, as uncertainty looms over the potential closure of the critical Strait of Hormuz despite ongoing threats from Iran. The latest surge follows oil's third consecutive week of gains on Friday. "We wouldn't be surprised to see this spark a risk-off reaction in US equities and will be watching the futures closely on Sunday evening and Monday morning," Lori Calvasina, head of US equity strategy research at RBC Capital Markets, wrote in a Sunday evening note to clients. "It has been and remains our belief that the longer and broader the conflict becomes, the more challenging it could be for US equities," Calvasina added. "These escalations come at a tricky time for US equities, as the S&P 500 has looked fairly valued to us (perhaps a bit overvalued) from a fundamental perspective, with more room to run from a sentiment perspective." The analyst said her three main concerns include: first, the risk that rising national security uncertainty could weigh on equity valuations; second, the possibility that renewed geopolitical tensions could stall the recovery in sentiment that began after the early April tariff lows; and third, the potential for a spike in oil prices, which could fuel inflation concerns. In terms of sectors, Energy (XLE) tends to outperform when oils prices rise, while Consumer Discretionary (XLY) and Communication Services (XLC), along with Entertainment, Media, and Interactive Media, tend to lag behind the broader market, Calvasina noted. Citi analyst Stuart Kaiser agreed that sharply higher oil prices remain "the channel for geopolitical risks to impact stock markets," identifying crude prices "well above $80 a barrel" as a critical threshold for concern. Kaiser added that options markets are now pricing in a 10% chance that oil surges 20% over the next month, up from just 2.5% two weeks ago, reflecting mounting tail risks as the conflict deepens. Still, the analyst pointed to resiliency in stocks amid the volatility, saying, "Markets powered through extreme oil volatility and unstable geopolitical headlines to post a risk-on week." Oil prices rose Sunday evening, with investors taking stock of the US entry into the Israel-Iran conflict and how Iran might respond. Much of the focus has turned to Iran's status as a major oil producer and whether it might seek to close the Strait of Hormuz, through which about one-fifth of the world's oil and gas flows. Iran's parliament reportedly pushed for the strait's closure, though it left the ultimate decision up to Iran's top national security body. That may be by design, as Yahoo Finance's Ben Werschkul details: Read more here. Futures tied to the S&P 500 (ES=F) fell 0.6%. (NQ=F) futures dropped 0.7%. Dow Jones Industrial Average futures (YM=F) lost around 0.6%. Oil, both Brent (BZ=F) and WTI, rose over 3%. Energy stocks rose alongside rising oil prices in premarket trading on Monday while overall stock futures wobbled. Those with oil production in the US and outside the Middle East caught a bid as investors weighed the possibility of further disruption to the oil supply following the US strikes on Iran. The Energy Select Sector SPDR Fund (XLE) advanced 0.6% and has risen 6% in the past month. Here's a look at how trending energy stocks are trading this morning: View more trending tickers here. Yahoo Finance's Jennifer Schonberger reports: Read more here. Economic data: Chicago Fed activity index (February); S&P Global US Manufacturing PMI (March preliminary); S&P Global US services PMI (March preliminary); S&P Global US Composite PMI (March preliminary) Earnings: FactSet (FDS), KB Home (KBH) Here are some of the biggest stories you may have missed overnight and early this morning: Trump just made the Fed's rate call even more complicated Opinion: Trump wages 2 wars — one with trade partners, one with Iran Why Iran could hold off blocking the Strait of Hormuz Oil erases spike in gains in wait for Iran's response Morgan Stanley: Geopolitical selloffs tend to fade fast Analysts react as markets brace for Iran's next move Dollar advances as investors brace for Iran response to US attacks BNY Mellon approached Northern Trust for merger: WSJ Here are some top stocks trending on Yahoo Finance in premarket trading: Tesla (TSLA) stock rose over 1% in premarket trading after rolling out its driverless taxi service to riders on Sunday. The debut of the robotaxi was introduced to a handful of riders, which included retail investors and social-media influencers in Tesla's hometown of Austin. Wolfspeed (WOLF) stock fell 11% in premarket trading on Monday after announcing it plans to file for bankruptcy in the US under a new restructuring agreement with its creditors. The agreement would provide fresh financing and slash debt by nearly 70%. Northern Trust Corporation (NTRS) shares rose 4% before the bell after a report from The Wall Street Journal said that Bank of New York Mellon Corp had reached out to the asset and wealth manager and expressed interest in a merger. Most investors will awaken today searching online for "Strait of Hormuz" after the weekend attacks from the US on Iran. For speed of analysis purposes, if this key oil shipping hub closes down (seems like it won't happen, based on everything I am seeing this morning), it could really send oil (CL=F, BZ=F) prices skyrocketing. Here's what Goldman's team estimates: "If oil flows through the Strait of Hormuz were to drop by 50% for one month and then were to remain down 10% for another 11 months, we estimate that Brent would briefly jump to a peak of around $110." Read more here on Goldman's scenarios. Gold pushed higher with the world in limbo as the US joined Israel's attack on Iran over the weekend. No formal response has been issued by Iran, with wider fallout expected. Spot gold climbed 0.2% to $3,375.04 an ounce taking it to within $125 of its record high as investors sought safe-haven assets in a tumultuous economic situation. Gold then sank 0.5% despite broader haven demand. Bloomberg reports: Read more here. Wall Street is closely watching escalating tensions in the Middle East after President Trump confirmed that the US launched a surprise strike on Iran's nuclear sites late Saturday, marking the country's official entry into the two-week-old conflict. Markets have held mostly steady in the aftermath of the escalation, although US stock futures fell across the board when trading opened Sunday evening. Additionally, bitcoin (BTC-USD) prices, often viewed as a barometer of risk appetite, dropped over 1.6% to trade around $100,500 a coin. WTI crude (CL=F) and Brent (BZ=F) futures jumped, trading near $76 and $79 a barrel, respectively, as uncertainty looms over the potential closure of the critical Strait of Hormuz despite ongoing threats from Iran. The latest surge follows oil's third consecutive week of gains on Friday. "We wouldn't be surprised to see this spark a risk-off reaction in US equities and will be watching the futures closely on Sunday evening and Monday morning," Lori Calvasina, head of US equity strategy research at RBC Capital Markets, wrote in a Sunday evening note to clients. "It has been and remains our belief that the longer and broader the conflict becomes, the more challenging it could be for US equities," Calvasina added. "These escalations come at a tricky time for US equities, as the S&P 500 has looked fairly valued to us (perhaps a bit overvalued) from a fundamental perspective, with more room to run from a sentiment perspective." The analyst said her three main concerns include: first, the risk that rising national security uncertainty could weigh on equity valuations; second, the possibility that renewed geopolitical tensions could stall the recovery in sentiment that began after the early April tariff lows; and third, the potential for a spike in oil prices, which could fuel inflation concerns. In terms of sectors, Energy (XLE) tends to outperform when oils prices rise, while Consumer Discretionary (XLY) and Communication Services (XLC), along with Entertainment, Media, and Interactive Media, tend to lag behind the broader market, Calvasina noted. Citi analyst Stuart Kaiser agreed that sharply higher oil prices remain "the channel for geopolitical risks to impact stock markets," identifying crude prices "well above $80 a barrel" as a critical threshold for concern. Kaiser added that options markets are now pricing in a 10% chance that oil surges 20% over the next month, up from just 2.5% two weeks ago, reflecting mounting tail risks as the conflict deepens. Still, the analyst pointed to resiliency in stocks amid the volatility, saying, "Markets powered through extreme oil volatility and unstable geopolitical headlines to post a risk-on week." Oil prices rose Sunday evening, with investors taking stock of the US entry into the Israel-Iran conflict and how Iran might respond. Much of the focus has turned to Iran's status as a major oil producer and whether it might seek to close the Strait of Hormuz, through which about one-fifth of the world's oil and gas flows. Iran's parliament reportedly pushed for the strait's closure, though it left the ultimate decision up to Iran's top national security body. That may be by design, as Yahoo Finance's Ben Werschkul details: Read more here. Futures tied to the S&P 500 (ES=F) fell 0.6%. (NQ=F) futures dropped 0.7%. Dow Jones Industrial Average futures (YM=F) lost around 0.6%. Oil, both Brent (BZ=F) and WTI, rose over 3%. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Bloomberg
33 minutes ago
- Bloomberg
FICO to Offer Credit Scores Including Buy-Now, Pay-Later Data
FICO is introducing two credit scores that incorporate buy-now, pay-later data, underscoring how significant a part of the consumer credit landscape the popular and controversial installment plans have become. The company will offer the products — FICO Score 10 BNPL and FICO Score 10 T BNPL — later this year, it said in a statement Monday. The scores will help lenders make more accurate decisions about consumer creditworthiness, especially for those who borrow for the first time using the payment plans, FICO said.
