The mood was gloomy at the start of the day, but darkened considerably following credible talk of an imminent direct Iranian attack on the United States. The question is: is this the Hezbollah rocket attack? Few traders wanted to buy this dip late, anticipating that Iran would refrain from retaliating too forcefully.
Geopolitics is difficult to predict, but here’s to a peaceful weekend.
Same day closing changes:
- S&P 500 -1.5%
- Nasdaq Comp -1.6%
- DJIA -1.3%
- Russell 2000 -2.2%
- Toronto TSX Comp -1.1%
The week :
- S&P 500 -1.6%
- Nasdaq Comp -0.5%
- DJIA -2.4%
- Russell 2000 -2.2%
- Toronto TSX Comp -1.6%
This article was written by Adam Button at www.forexlive.com.
cnbctv18-forexlive
