Stock market today: Dow, S&P 500, Nasdaq trim losses but end sharply lower as Wall Street assesses Iran war worries
View original at finance.yahoo.comStock market today: Dow, S&P 500, Nasdaq trim losses but end sharply lower as Wall Street assesses Iran war worries US stocks declined but closed off session lows on Tuesday after Israel and US jets launched new strikes on Iran, as the widening conflict stoked worries about a drawn-out regional war…
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Trump administration will soon roll out a program to help mitigate rising energy costs
80% confidenceUS could see a little high oil prices for a little while but prices will drop lower than before once war ends
80% confidenceThe US will do whatever it takes to win the war
80% confidenceThe Middle East war will affect the near-term inflation outlook and increase economic uncertainty
80% confidenceProjected the conflict would last four to five weeks but US has capability to go far longer
80% confidenceTarget should stay in the penalty box and is a prove it stock; investors should favor Walmart or Costco instead
80% confidenceOverall market share was at least flat, pointing to slightly softer customer demand for consumer electronics industry during holiday quarter
80% confidenceThe US would provide insurance for tankers and the Navy would escort them through the Strait of Hormuz
80% confidenceThe hardest hits are yet to come from the US military against Iran
80% confidenceThe Strait of Hormuz was completely closed and they would strike any ship attempting transit
80% confidenceTrump administration's tariffs have been overwhelmingly borne by US consumers and businesses
80% confidence
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