Dow Jones Rises as Microsoft and Meta Post Big Earnings Amid Oil Price Surge

Wall Street is poised for a modest rebound, with the Dow Jones Index expected to rise by 2-3% in the coming months, following strong earnings reports from Microsoft and Meta, which showed a 15% increase in quarterly profits. Investors are also monitoring the Baltic Dry Index, which surged 5% due to increased traffic in the Suez Canal. Captain Rıza Deniz notes that these developments could push inflation forecasts up by 0.5 percentage points, as energy price shocks ripple through global supply chains. Traders are advised to remain cautious amid rising oil prices.