- American stocks rose and oil prices fell on Monday, Show the investor’s calmness in the face of Iran’s attack on an American military base in Qatar. The markets are preparing due to the strong basics and historical flexibility, despite the threat of another military installation.
The stocks rose on Monday and oil prices fell even after Iran launched a missile attack on an American military base in Qatar, while experts say is a restricted response to previous US strikes.
Dow Jones Industrial MEVERGAL closed 0.89 % higher on Monday, while S&P rose 0.96 % and gained the Nasdaq compound 0.94 %.
The United States joined Israel’s war against Iran during the weekend, which led to strikes against three Iranian nuclear sites. This adds more uncertainty to the markets, which have been brought up with a harsh hand after a difficult side this year, including the irregular tariff policies of the Trump administration, constantly increasing national debts, and an uncertain budget bill, and now it contradicts Iran.
Iran has responded by firing missiles at the United States military base in Qatar on Monday, an attack that has not resulted in American losses, According to reports. Samir Samana, head of global stocks and real assets at the Wales Fargo Institute for Investment, says the markets are barely interacting and oil prices have decreased, indicating that they may wait for a more powerful response before any major movements.
“The historical precedents of the markets that are sold at the beginning, only to recover and make new levels, prompted investors to be a little more than their reaction,” says Samana about the small movement that was seen since the American strikes. “The markets want to see how Iran responds before deciding on how it affects the story of the macroeconomic.”
Monday afternoon, President Donald Trump Posted on his social network The US nuclear sites set during the weekend “were fully destroyed.”
The President of the United States published: “Only the fake news that says anything different to try to cancel it, as much as possible.” “It never ends with Siliz’s letters in the media, and for this reason its classifications are at all times – zero credibility!”
Iran can still cut access to the Strait of Hormuz, which is a major freight of oil and gas controlled by the country. Although Iranian legislators agreed to close it, it remained open on Monday afternoon.
“We would like to say that although there are some risks in selling markets in a variety of events, the basics are still strong enough for the markets to continue their operation until next year,” says Samana.
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