US EditionDow Jones gives back recent gains as ceasefire doubts resurface
3 Articles
3 Articles
Shortly before the planned negotiations between Iran and the US under a partially fragile ceasefire, investors are holding back. A strong increase in inflation is burdening the mood.
The collapse of the negotiations, the withdrawal of oil tankers from the Strait of Hormuz and the volatility of Bitcoin trigger alarms on Wall Street in the face of a possible stock market collapse.
Dow Jones gives back recent gains as ceasefire doubts resurface
The Dow Jones Industrial Average (DJIA) slumps around 300 points on Friday, or roughly 0.6%, retreating from the 48,000 handle after two sessions of ceasefire-fueled gains. The S&P 500 dips 0.15% while the Nasdaq Composite bucks the trend, edging 0.2% higher as mega-cap tech provided a thin buffer against the broader selloff. The reversal came as fresh cracks in the US-Iran ceasefire spooked a market that had only just started to relax. Ceasefir…
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
