U.S. Stocks Rise Amid Iran Tensions
U.S.stocks climbed as IranS attack on a U.S. airbase in Qatar left no casualties. The Dow Jones rose by 270 points, or 39.98%, and the S&P 500 gained 0.69%. The tech-heavy Nasdaq saw a 0.78% increase, driven by growth stocks. oil prices fell by 5%.
On June 23, markets showed resilience despite the U.S. joining Israel’s conflict wiht Iran. The Dow Jones, S&P 500, and Nasdaq all saw modest gains.The Dow Jones climbed 270 points, and the Nasdaq benefited from tech stocks. Though, oil prices dipped 5%.
Iran struck a U.S. airbase in Qatar, but no one was hurt. The U.S. had previously hit Iranian nuclear sites. The strikes occurred when markets were closed, limiting immediate reactions. Traders are now watching Iran’s next move.
Iran’s attack on the Qatar base. No casualties were reported.
president Trump declared victory and hinted at regime change in Iran. Though,the U.S. strikes’ effectiveness remains unclear.Autonomous agencies found no elevated radiation levels.
Despite tensions, growth stocks performed well. Tesla’s Robotaxi service launch boosted its stock by nearly 10%. however, some riders reported issues like speeding.
Traders remain cautious, awaiting Iran’s next steps. The closure of the Strait of Hormuz could disrupt global oil supplies. For now, markets seem to be cautiously optimistic.
