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Wall Street closes slightly down on renewed tensions between US, Iran
Oil prices climbed after renewed U.S.-Iran tensions, while the CBOE Volatility Index rose to 19.08 and Netflix fell about 12% after earnings.
- Stocks closed slightly lower on Monday, ending a three-week rally as renewed US-Iran tensions questioned the durability of a two-week ceasefire.
- Tehran closed the crucial Strait of Hormuz again over the weekend, reversing market optimism triggered when Iran opened the waterway earlier.
- The CBOE Volatility Index, known as Wall Street's "fear gauge," gained 1.57 points to 19.08, while Communication services lagged with Meta falling more than 2%.
- Tom Hainlin, national investment strategist at Bank Wealth Management in Minneapolis, noted consumer credit and spending figures remain resilient despite geopolitical tensions.
- Tesla kicks off Magnificent Seven earnings Wednesday, while Investors will assess the war's economic impact as Lockheed Martin and IBM report later this week.
12 Articles
12 Articles
Σε υποτονικό τέμπο η Wall Street περιμένοντας τα μαντάτα από τη Μέση Ανατολή
Διορθωτικές κινήσεις στους δείκτες μετά το ράλι της Παρασκευής, καθώς οι επενδυτές περιμένουν την εξέλιξη της εκεχειρίας και την έκβαση των νέων διαπραγματεύσεων μεταξύ ΗΠΑ-Ιράν - Στο επίκεντρο τα μάκρο, οι εταιρικές επιδόσεις και η Fed
The New York Stock Exchange closed in a slight fall on Monday, held back by renewed tensions between the United States and Iran, which led to a sharp rise in oil prices and new doubts about the holding of peace talks.
Wall Street opened in red this Monday and its main indicator, the Dow Jones de Industriales, lost after a further escalation of tensions between the United States and Iran following the attack by the U.S. Navy on an Iranian ship near the Strait of Ormuz.The Nasdaq reports a fall of 0.16 percent, in the entire 24,370.02, followed by the S&P 500 that remains 0.18 percent, with 7,000 113.47 points, and the Dow Jones drops 0.08 percent, 49 thousand …
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