Daily Markets: Markets Face US-Iran Fallout
Who would have guessed back in December that the US-China trade war, which utterly dominated market headlines, would be pushed to the back-burner by threats between the US and Iran lobbed back and forth across Twitter? We are pretty sure Twitter’s founder Jack Dorsey did not imagine his creation being used by the President as a medium for formal communication with Congress.
After Friday saw the Nasdaq, S&P 500 and Dow experience their biggest one-day declines in a month, as tensions between the US and Iran escalated over the weekend, today major equity indices…
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