Iran, Israel and Oil
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US stocks fall on Israel-Iran worries, with Dow down xxx pts. Oil rises on supply worry. Gold hit a record high and US dollar rises on flee to safety.
The Middle East conflict is impacting a wide range of sectors besides the obvious oil and defense names, as a surge in oil prices can affect consumer behavior in many ways.
Looking ahead, investors will watch closely for updates on the Israel-Iran conflict, the US Federal Reserves decisions, and how the monsoon season develops in India. Investors are expected to be cautious because stock prices are already high and political tensions continue.
Stocks tumbled on Friday (June 13) after Israel launched a wave of airstrikes on Iran, pushing energy prices higher and adding another complication at a time of heightened geopolitical tensions. The Dow Jones Industrial Average fell 769.
The Indian stock market braces for a volatile week as geopolitical tensions between Iran and Israel rattle glo
ZIM Integrated Shipping navigates rising Israel-Iran tensions, with conflict-driven rate spikes offering a potential boost. See why ZIM stock is a buy.
"A heightening of Middle Eastern tensions has investors running for cover," says José Torres, senior economist at Interactive Brokers. "The conflict is propelling inflation expectations via the cost of crude oil … on worries that supplies could be disrupted in the region."
While Lockheed Martin offers an appealing valuation that may attract value investors in the defense industry, it also reveals various operational and financial vulnerabilities that pose inherent risks.
Israel launched a series of airstrikes across Iran early Friday, targeting critical nuclear facilities in Iran.
U.S. stocks were sharply down Friday, after Israel launched strikes on Iran's nuclear sites. But major benchmarks were off their morning lows.