The market rally won't last and this summer will be rough as the S&P 500 could go as low as 3,200, says Fairlead's Katie Stockton

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Associated Press

Hamilton optimistic for Mercedes progress in F1 ‘adversity’

Lewis Hamilton is optimistic Mercedes has made progress toward challenging the Formula One leaders and said the “adversity” of struggling to keep up has brought the team closer together. Ahead of Sunday’s Azerbaijan Grand Prix, the seven-time champion has just one podium finish from seven races, his worst start to a season since 2009, after Mercedes had to redesign a car that started the year with a tendency to bounce and shake at high speed. Hamilton said upgrades the team brought to the Spanish Grand Prix last month have “given us more of a direction to go in and it’s been positive” as he and teammate George Russell try to chase down title contenders Max Verstappen of Red Bull and Charles Leclerc of Ferrari.