The Fed raised rates, causing market multiples to fall, while analysts assessed RTX's operational pain points.

The entities involved

• FED →

  business

  • US-Iran truce aims to reopen Strait of Hormuz amid global monetary policy shifts and oil price drops.Mon 17:37
  • Iran closed the Strait of Hormuz, halting petroleum liquids movement and raising inflation concerns, which Donald Trump views as a potential solution.Mon 16:16
• RTX →

  American multinational aerospace and defense conglomerate

  • Financial firms TD Cowen, Citigroup, and Jefferies issued updated ratings and price targets for RTX stock.Mon 11:43
  • Germany utilizes NATO strategic airlift, while Parliament approves funding for RTX defense purchases and German navy upgrades NH90 simulators.Fri 11:22
• Morgan Stanley →

  U.S. investment bank

  • Financial firms including Morgan Stanley, Truist Financial, Jefferies Financial Group, and CIBC issued rating and price objective updates for Clearway Energy.Mon 17:33
  • Goldman Sachs, Morgan Stanley, JPMorgan Chase, and Bank of America are competing in the global investment banking sector.Mon 17:24

Related events

• Jim Cramer warns that RTX stock must compress further due to the effects of FED rate hikes.Sep 17
• Investor fears of rate hikes caused a market decline, driven by strong job gains and BLS data.Sep 4
• Rate hike decisions are driving bond market flows, with fund trades occurring on the electronic stock exchange.Sep 16
• Fed rate hike fears caused a market decline involving Nasdaq.Jun 10
• Markets are pricing in future Fed rate hikes as central banks begin buying gold at a record pace.Jul 1