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-0.000877742946708378 -0.00175548589341694 -0.00200626959247645 -0.000752351097178712 0.000695924764890219 0.00235109717868339 0.00388714733542323 0.00131661442006275
Stock impact report

Iran war wipes out $100 billion from luxury stocks [MSNBC.com]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
Company Research Source: MSNBC.com
Inside Iran war wipes out $100 billion from luxury stocksPublished Fri, Mar 27 2026Updated 23 Min AgoRobert Frank@robtfrankWATCH LIVEKey PointsIn this articlewatch nowVIDEO2:0002:00Iran war shakes global luxury marketA version of this article first appeared in CNBC's Inside newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer.Sign upto receive future editions, straight to your inbox.Major luxury stocks have fallen 15% or more since the Iran war started, and sales in the increasingly important Middle East market could drop by half, according to analysts.S&P 500"At the moment, we don't have an impact from a production side," said Bentley CEO Frank-Steffen Walliser on the company's recent investor call. "But for sure, people in the Middle East have other thoughts than looking for a new Bentley at the moment." While the region accounts for a relatively small share of overall luxury sales, it's growth has become critical to the industry.The region was t Show less Read more
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