Wall Street Slips as Iran Tensions Lift Oil & Gold Near $5,000
Global markets turned cautious today as escalating U.S.–Iran tensions sparked a risk-off move — supporting oil and gold while pressuring equities.
• U.S. stocks fell as investors weighed geopolitical risks and earnings uncertainty.
• Oil prices surged — WTI hit six-month highs amid potential supply disruption fears.
• Gold held near $5,000/oz, underpinned by safe-haven demand.
• Markets remain volatile with Fed rate outlook and geopolitical headlines in focus.
Expert Insight:
Risk assets are trading lower as geopolitical risk premiums rise, driving flows into traditional hedges like energy and precious metals while stocks see profit taking.
#stocks #WallStreet #Gold #Oil #MarketUpdate
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