US EditionOne Sector Held Up as Iran-Israel Tensions Rise
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One Sector Held Up as Iran-Israel Tensions Rise
On Friday, we got a reminder of how markets so often react to geopolitical conflict. While most sectors sold off as Israel launched a missile strike against Iran, the energy sector surged as oil prices spiked higher. It wasn’t long before Iran responded with its own missile attack, which in turn instilled fears of a more prolonged conflict. All told, it was otherwise a fairly uneventful week … until it wasn’t. You can see below how, by Friday’s …
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