With strong losses the shares her Wall Street Following Israel’s air strikes against Iran, and the missile response that hit Tel Aviva, threatening a general war ignition.
US stocks during the Wall Street meeting moved from the beginning in “Red”, with Dow Jones finally closure with a loss of 769 points or 1.79%, the S&P 500 fell 1.12%, while Nasdaq slipped 1.30%.
Market decline began when Israeli Defense Minister Israel Katz declared a state of emergency following an Israeli attack on Iran. Two US officials said there is no involvement or assistance from the US, according to NBC News.
Meanwhile, future Brent and US crude contracts are rising more than 8%. Along with the moves on energy prices, the dollar also recovered gently and gold rose more than 1% amid investors’ demand for safe shelters.
President Donald Trump, in a post on the Truth Social Social Network Website, warned Iran to sit on the negotiating table.
Trump said in a separate post early in the morning that he was giving Iran “perhaps a second chance” to conclude a nuclear deal. “Two months ago I gave Iran to 60 days to ‘agree’. They should have done it! Today is the 61st day, “he wrote.
In the afternoon, Iran’s “response” to Israel with ballistic missiles that broke the defense of the “iron dome” led to the stock of the shares.