The S&P 500 Index ($SPX) (SPY) on Thursday closed down -1.74%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -1.01%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -2.38%. June E-mini S&P futures (ESM26) fell -1.72%, and June E-mini Nasdaq futures (NQM26) fell -2.34%.
Stock indexes sold off sharply on Thursday, with the Nasdaq 100 falling to a 6.5-month low. Stocks slumped on Thur...
While the global stock market experienced a significant downturn due to escalating tensions between the US and Iran, it's important to consider multiple perspectives. The potential military actions against Iran could have severe consequences for both nations and the region as a whole. The surge in crude oil prices might lead to increased inflation expectations, which could further pressure the stock market. On the other hand, the strong labor market indicated by the jobless claims report suggest...