Iran, Israel and S&P 500
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US stock market jumps as Dow rallies 500 points as investors grow hopeful that the Israel-Iran conflict may stay contained. After a tense weekend of strikes and retaliation, a Wall Street Journal report hinted that Iran may be open to talks if the U.
Futures on Wall Street are currently in cautious mode as they await further details on the ongoing hostilities between Israel and Iran, which have now entered the fourth day. Futures of all three indices are currently trading at the flat line,
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1don MSNOpinion
In other words, it seems like investors are nervous, but also they’re not panicking because something good could follow something scary. Namely, Israel neutered not just a foe that is developing nukes and threatening its destruction.
An exchange of strikes on refineries and gas facilities was limited but raised the risks to an industry with broad economic impacts.
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