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Stock impact report

Trump's fresh Iran threats give investors a risk-off reality check [Yahoo! Finance]

StoneX Group Inc. (SNEX) 
Company Research Source: Yahoo! Finance
raised stakes in a war now in its fifth week and crushed investors' hopes for a swift end to a conflict that is squeezing oil supplies ?and fanning inflation. Global markets recoiled on Thursday as war jitters over Iran deepened, with stocks and bonds sliding, oil surging and the dollar firming after Trump ?dashed hopes for clarity on when the Middle East conflict might end. Trump said that the U.S. military had nearly accomplished its goals in Iran, but he did not offer a concrete timeline for winding down the conflict. ?He said the U.S. would continue to hit targets in Iran over the next two to three weeks. Those comments did little to convince jittery investors that an end to the Middle East conflict was close. "I don't think there was an awful lot in the speech per se, apart from the fact that they're going to keep bombing for the next two to three weeks," said Mike Houlahan, director of Electus Financial Ltd in Auckland. "That pushes out the resolution timeframe farther Show less Read more
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