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Stock impact report

The Iran War Has Ratcheted Up Uncertainty. Why Some Investors Say Now Is 'Not the Time to React' [Yahoo! Finance]

JULIUS BAER GRP UNSP/ADR (JBAXY) 
NASDAQ:AMEX Investor Relations: juliusbaer.com/group/en/investors
Company Research Source: Yahoo! Finance
Several Wall Street insiders said stocks may need to pull back further before the investors who have derisked their portfolios feel comfortable returning to the market in force. Wall Street is no stranger to uncertainty and volatility. But the three-week-old war in Iran is testing the nerve of even the most experienced investors. Stock trading has been choppy since the war began late last month. The S&P 500 entered this week down more than 5% in March, then surged on Monday after President Donald Trump said the U.S. and Iran engaged in “productive conversations” over the weekend, stoking hopes for a resolution to the conflict that's caused oil prices to skyrocket. Iranian officials denied taking part in negotiations, and Tuesday's action was more restrained Experts on Tuesday warned against putting too much stock in yesterday's rebound, with Alli McCartney, managing director of wealth management at UBS, suggesting that it "could be a false positive." Why This Is Important T Show less Read more
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