Wall Street rises after an Iranian attack that Trump described as 'weak'
Wall Street’s trade has led US stock indicators to rise, with oil prices falling, after the Iranian reaction to US strikes was considered “symbolic” and unable to put on broader economic consequences. The dollar also decreased. The “S&B 500” index rose by 1%, after President Donald Trump strengthened hope to calm the conflict in the Middle East, saying that the Iranian attack was “very weak” and that Tehran was previously informed. The Rubol “West Texas” fell below $ 70 a barrel, with the fear of the failure of the Middle East. With anxiety over imminent inflationary pressure, the yields of the mortgage dropped. Krishna Ghha of Evekor said that the symbolic battle allowed Iran to claim to have responded to the US strikes, with a clear sign that it did not want to be drawn in a war with Washington that could threaten the stability of the regime. According to Jacob Vanckggard of “22 in reservation”, Iran could fire on other US bases in the coming days, but these attacks are unlikely to be less coordinated than its predecessor, who has practically devoted an uncomfortable Iranian position. “He added:” Today’s attack should contribute to reducing the global geopolitical risk allowance affecting the oil and gas trade in the wave. “Raw is still flowing, although the Middle East is responsible for producing about a third of the global oil. There are no indications of the failure of crude flow, including freight shipping this month. oil exports indicated. replace. The United States and its allies retain a strong marine presence in the region, which means it could lead an attempt at a more serious military reaction. Geopolitical tensions in the markets, as the fear of the expansion of the conflict is still limited, “said Tom Esai of the Sevins Report. Analysts of Morgan Stanley that the declines caused by geopolitical events are usually limited. -Commenments of stocks, but within a month, three months and 12 months after these events, the “S&B 500” index rose on average by 2%, 3%and 9%respectively. The recent monetary policy meeting expected. to reduce borrowing costs. The 2% goal determined by the federal. The impact of customs duties on inflation is still declining, but it has not specified a timing for it.