The FT reports that an Israeli official comments on a retaliatory attack against Iran:
- The intention is to send a painful message to Iran.
- It can’t be something cosmetic.
Attach your belt.
A review of the markets shows that both the S&P and NASDAQ indices are now in negative territory.
- The Dow Industrial Average up 0.22%
- S&P Index -0.20%
- NASDAQ Index -0.12%.
The small cap Russell 2000 is the hardest hit with a decline of -0.76%.
In the US debt market, yields are stable but still higher:
- 2-year yield 4.948%, +1.1 basis point
- 5-year yield 4.661%, +1.7 basis points
- 10-year yield 4.642%, +1.5 basis points
- 30-year yield 4.753%, +123 basis points
in other markets:
- Crude oil prices are now $0.21 or 0.25% higher at $85.62
- Gold prices are also now higher by $5.74 or 0.24% at $2,388.02.
- Bitcoin is down on the day at $62,376. The weekend low price reached $61,307. The 38.2% retracement of the rise from the 2024 low stands at $60,314.
This article was written by Greg Michalowski at www.forexlive.com.
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