Wall Street slides as Middle East uncertainty weighs on sentiment
Source: Reuters
Wall Street's main indexes fell sharply on Thursday as investors worried about escalation in the U.S.-Israeli war against Iran, which has sent oil prices soaring and exacerbated inflation concerns.
U.S. President Donald Trump said Iran must make a deal or face a continued onslaught. But a senior Iranian official told Reuters the U.S. proposal for ending nearly four weeks of fighting is "one-sided and unfair," while stressing that diplomacy had not ended.
The lack of clear signs of progress sent oil prices up more than 5%. As a result, stock indexes erased their gains from the prior session when investors had been betting on a de-escalation in the four-week war.
"The back and forth seems to be happening at a quicker pace. On top of it, we don't know who Trump is negotiating with," said Doug Beath, global equity strategist at Wells Fargo Investment Institute, adding that uncertainty about the war was causing investors to sell equities. "There's a lot of conflicting signals, and it's really the fog of war, the uncertainty of all of it that's driving this."
Read more: https://www.reuters.com/business/us-stock-futures-slip-middle-east-war-de-escalation-remains-uncertain-2026-03-26/
All that matters is how tRump, his family, and his fellow oligarchs can manipulate war news to take advantage of insider trading.
Lovie777
(22,925 posts)I thought Wall Street believed that shithole was telling the truth and Iran was the one lying.
It also seemed that WS did not care that the US weapons stash is depleting, but apparently shithole and comrades want to sell ME countries weapons.
WS doesn't care about millions of Americans that have lost jobs and will lose their jobs, because of AI and other causes..
WS doesn't care what happens to immigrants and American citizens because of ICE re: deportation without due process; concentration camps, etc.
WS doesn't care about the high cost of living for most Americans, but they do care about oil bu not the high oil prices.
And the list continues.
wiggs
(8,795 posts)betting the stock market will rise or fall and millions of trades are made in minutes to take advantage of the volatility.
Yes, news triggers selling or buying but investors view that as short term opportunity. There may be some real connection but IMHO it seems to me that many investors are mostly riding waves up and down to make money rather than investing long term.
wolfie001
(7,632 posts)Yet WS still shows him deference. Until the day it all goes to sh7t.
Indyfan53
(529 posts)They are a bunch of coked up morons who believe everything trump says. Then, when they realized they were lied to, they dump stocks and tank the economy, fucking us all.