Global Stock Markets Show Mixed Performance Amid Middle East Conflict and Recession Fears
The S&P 500 has underperformed during the Iran conflict, while Wall Street shows differing opinions on stock market direction, with some fearing recession if oil prices continue to rise. Investors are cautious, though some see 'Magnificent Seven' tech stocks as potential dip-buying opportunities.
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U.S. stocks are faring worse than during past geopolitical shocks — and there’s plenty of room for them to fall further
The S&P 500 is down 7.7% since the Iran conflict began — worse than the median 6.1% decline during previous geopolitical shocks.
By Joseph Adinolfi
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