Dow tumbles 1,100 points as Wall Street fears a prolonged war with Iran [Yahoo! Finance]
MACQUARIE GROUP LTD S/ADR (MQBKY)
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Source: Yahoo! Finance
Global stocks remained volatile for a second day Tuesday, moving sharply lower as concern mounted among investors that the widening conflict in the Middle East could escalate further. The Dow tumbled 1,140 points, or 2.33%, shortly after the market open. The S&P 500 and tech-heavy Nasdaq each sank 2.1%. Wall Street's fear gauge, the VIX, surged 22% and hit its highest level in three months. Stocks in Europe and Asia were lower for a second day. Europe's benchmark Stoxx 600 sank 3.2%. Japan's Nikkei 225 fell 3.06%. South Korea's Kospi index tumbled 7.24%, posting its worst day since April. Markets in South Korea were closed Monday in observance of a holiday. “It is not possible at this time to know the full scope and duration of military operations that may be necessary,” President Donald Trump wrote Monday in a letter to Sen. Chuck Grassley. Military action in the region intensified for a fourth-straight day, with Israel saying it is conducting “simultaneous strikes in Tehran
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News
- Dollar edges higher as Middle East war boosts safe-haven demand [CNBC]CNBC
- US stocks rise, Asian markets get rocked as Middle East conflict intensifies [CNN]CNN
- US stocks rise, Asian markets get rocked as Middle East conflict intensifies [CNN]CNN
- Dollar Strengthens After Attack on Iran [Yahoo! Finance]Yahoo! Finance
- Stocks tumble as Wall Street fears a prolonged war with Iran [CNN]CNN