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Stock impact report

The war in Iran is scrambling Wall Street's playbook for safe investing [Yahoo! Finance]

LPL Financial Holdings Inc. (LPLA) 
Last lpl financial holdings inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lpl.com
Company Research Source: Yahoo! Finance
The war in Iran and the spike in energy prices have rattled global markets, impacting not just stocks but also safe havens like bonds, gold and currencies. That's leaving investors with fewer places to hide. The S&P 500 is set for its worst month in a year. When stocks hit a rough patch, or economic uncertainty abounds, safe haven assets like gold or government bonds can provide investors with some protection. But they've both dropped alongside stocks this month, serving little value as a hedge against the turmoil. US stocks opened lower Thursday: The Dow fell 244 points, or 0.53%. The S&P 500 fell 0.8% and the Nasdaq sank 1.1%. Gold futures fell 2.5% and Treasury yields ticked higher as investors sold bonds. “Volatility persists when uncertainty is high,” said Mitch Hamer, founder and lead advisor at Intersecting Wealth. “The volatility measuring stocks, volatility measuring Treasuries, it's elevated everywhere you look.” There has been a stark market reaction because of the Show less Read more
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