Why peak uncertainty about the Iran war signals a stock-market rally may be near
Where the war goes from here is not known. But the market is giving off vibes of peak uncertainty, says...
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Dow, S&P 500, Nasdaq waver, oil prices trim gains as Wall Street weighs Iran’s next move
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,...
How missiles in the Middle East dampen the India market- The Week
Escalating tensions between Israel and Iran pushed global oil prices up, leading to a decline in the Indian currency and the nation’s equity markets. Major market benchmarks, the BSE Sensex and the NSE Nifty fell by afternoon trade despite a brief recovery run during brunch hours. The Sensex lost more than 346 points to hit a day low of 81.237.01 while Nifty shed 102 points to a low of 24750.45 so far. TCS, Hindustan Unilever, Adani Ports, Bajaj Finserv, NTPC, HCL Tech, and Tata Motors led the laggards in the...