Iran, Stock and oil prices
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US stocks trade under pressure as President Donald Trump delayed threatened strikes on Iran’s energy infrastructure, as rising oil prices kept investors on edge. The tech‑heavy Nasdaq Composite fell 2%,
Wall Street's main indexes opened lower on Friday as the month-long Middle East conflict dragged on, weighing on sentiment despite the United States pushing back another deadline to strike Iran's energy infrastructure.
Despite Trump's reassurances, US stocks plummeted due to investor doubts over the Iran conflict, leading the Nasdaq and Dow into correction territory. Brent crude prices surged, raising fears of economic repercussions as tensions in the Middle East escalate.
U.S. stocks had their worst day since the war with Iran started, as doubt took over again from hope on Wall Street about a possible end to the conflict.
Why are US stock market futures down today, and will Dow, S&P 500 and Nasdaq stay in red or turn green again? Futures slipped as Middle East tensions, inflation fears, jobless claims data, Fed outlook,
US stock futures dipped despite Trump's extension of the deadline for a strike on Iran. Crude oil prices surged as tensions continued, with markets reacting to troop deployments and uncertainty around a potential ceasefire affecting investor confidence.
Trump has pushed attacks against Iran's energy infrastructure back in a move to calm markets.
However, recessions are a natural part of the economic cycle, and have been since the start of modern trade. The National Bureau of Economic Research (NBER) defines a recession as a major decline in economic activity that lasts more than a few months.
US stock benchmarks face a rougher morning session in the US as optimism around US-Iran talks fades. The cautious rebound wasn't long, as expected after a consistent failure to see progress in the talks.
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