Iran, Israel and Stock Market
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Wall Street’s major market averages kicked off the week on a positive note as markets advanced on Monday. Learn more here.
The escalating conflict between Israel and Iran is injecting fresh uncertainty into the Middle East’s equity capital markets, putting what has been a resilient region so far this year to the test.
Global investors may be underpricing the impact of a conflict between Israel and Iran, market watchers warned on Monday, as stocks rallied despite escalating warfare in the Middle East. The two regional powers continued trading fire on Monday, marking the fourth consecutive day of fighting since Israel launched airstrikes against Iran last week.
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Stock Market Today: Stocks Rise on Less Deadly ConcernsMarkets are forward-looking mechanisms, and it's good when price action shows there's a future to look forward to.
The stock markets also seem to be unbothered by the ... But apart from commodities and Middle Eastern equities, the wider market impact has been limited. In fact, the MSCI World index closed just over -1% beneath its record on Thursday.”
When asked at a news briefing Monday about the prospect of a ceasefire, however, Israeli Prime Minister Benjamin Netanyahu indicated he was not interested in one, according to NBC News. Netanyahu said Israel is "not backing down" from eliminating Iran's nuclear program.
Paint manufacturers such as Asian Paints, Berger Paints, and Kansai Nerolac source around 50% of their raw materials from crude-based derivatives like resins and solvents. These input costs are highly sensitive to crude fluctuations.
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India Today on MSNSensex tanks 900 points: Why is stock market falling todayA look into the reasons behind the sharp decline in Sensex and Nifty, focusing on U.S.-China trade tensions and Middle East geopolitical issues.