Global Markets Tumble as Iran War Intensifies
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Stocks and bonds slumped as investors retrenched from the uncertain and
unpredictable effects that the fighting could have on the world economy.
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Riding news that the Fed would not raise ultra-low interest rates, the Dow Jones Industrial Average also surged, adding 95.59 points (0.76 percent) to finish at 12,690.96.
ReplyDeleteThe broad-market S&P 500 advanced 8.42 points (0.62 percent) to 1,355.66.