Stocks Settle Sharply Lower on Fears Iran War is Escalating
View original at nasdaq.comStocks Settle Sharply Lower on Fears Iran War is Escalating The S&P 500 Index ($SPX) (SPY) on Friday closed down -1.67%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -1.73%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.93%…
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Anthropic is testing a new AI model that poses significant cybersecurity risks
60% confidencePentagon is considering sending as many as 10,000 additional troops to the Middle East
60% confidenceProbes target US practices that disrupt global supply chains, covering restrictions on Chinese goods entering US markets, export controls on advanced technology, and limits on bilateral investment in critical sectors
60% confidenceThe conflict will cut global oil supply by 8 million bpd this month
60% confidenceThe war against Iran is disrupting 7.5% of global oil supply
60% confidenceAn ECB rate hike in April is not out of the question if there is solid evidence that the Iran war will be lasting and lead to higher inflation
60% confidenceThe ECB shouldn't rush its response to the Iran war and must be careful not to overreact
60% confidenceTalks with Iran are going very well
60% confidenceCrude prices could exceed the 2008 record high of close to $150 a barrel if flows through the Strait of Hormuz remain depressed through March
60% confidenceMore than 40 energy sites across nine countries in the Middle East have been severely or very severely damaged, potentially prolonging disruptions to global supply chains once the war in Iran ends
60% confidence
