Iran Conflict Oil Shock Equities
Growing doubts about a de-escalation in the Iran conflict are negatively impacting Wall Street.
Too little corroboration in the last 3 days to call a trend (7 articles). Watching for it to gain traction.
Mainstream financial press is carrying this — attention has broadened beyond specialist outlets.
"Amid these concerns, trading in Wall Street's tech-heavy sector saw significant selloffs as investors looked towards safer investment options."
"Wallstreet reversed pre-market gains to open in the red as Iran reportedly stopped its communication with the United States over Israel's Lebanon offensive on Monday."
"Booking Holdings declined 2.4 per cent despite beating estimates for both revenue and profit. The online travel company said the Iran war had affected demand and deterred some customers from booking rooms in the latest quarter."
"Wall Street veered toward losses before the opening bell Monday as a standoff between Iran and the U.S. prevented tankers from using the Strait of Hormuz."
"US stock futures slipped on Monday as a fresh flare-up in US-Iran tensions over the weekend rattled investor sentiment and cast a shadow over fragile peace efforts."
"US equity futures signalled a weak start to Wall Street on Thursday, with sharp losses across benchmark indices after US President Donald Trump downplayed prospects of a near-term ceasefire with Iran, rattling investor sentiment."
"Asian shares mostly fell Friday after Wall Street had its worst day since the start of the Iran war over growing doubts about a de-escalation."