Iran, Israel and Dow
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US stock futures fell with investors on edge as Israel and Iran continued to trade strikes against a backdrop of shifting US trade policy and stubborn interest rates.
The U.S. stock market rose amid news that Iran wants a ceasefire with Israel. Tel Aviv, however indicated it was not interested in one.
The missile exchanges dominate global market focus as it intensified fears of energy supply disruptions. West Texas Intermediate (WTI) crude futures climbed as high as $74.78 per barrel Sunday evening, but eased back to below $72.54 per barrel this morning, though that remains 11% above where it traded last Monday.
Stock futures were staging an early comeback Monday after sharp declines on Friday. As the conflict between Israel and Iran shows no signs of cooling, any recovery in stocks will likely be fragile. Over the weekend,
Stock Market LIVE Updates | Indian benchmark indices Sensex and Nifty traded lower on Tuesday, as investors remained cautious after U.S. President Donald Trump called for an evacuation of Tehran amid rising tensions between Israel and Iran.
Israel's equity markets defy regional conflict, with TA-125 hitting record highs despite ongoing missile strikes with Iran
The Nifty 50 is trading at 20.9x one-year forward P/E — slightly below the long-term average — but small- and mid-cap stocks appear overheated. Emkay Global notes that 38% of BSE200 stocks now trade above their 5-year average valuation,
Relative calm returned to global markets, with stocks climbing and oil sinking alongside gold as fears subsided that Israel’s war against Iran would escalate into a wider conflict. Equities extended gains on a news report that Iran is signaling it wants to restart talks over its nuclear programs.