Stocks rose on Monday, even as Iran launched a missile strike on a military base in Qatar, experts say one Constrained reaction On our previous strike.
Dow Jones Industrial Average Closes 0.89% on Monday, while the S&P 500 Index rose 0.96% Nasdaq Composite materials rose 0.94%.
The United States joined Israel’s war against Iran over the weekend and launched a strike on three Iranian nuclear sites. This adds more uncertainty to markets that are tough hands after this year’s toughness, including the Trump administration’s unstable tariff policies, growing national debt, uncertain budget bills and now clashes with Iran.
Iran’s response was to launch missiles at the Al-udeid military base in Qatar on Monday, causing no U.S. casualties. According to the report. Samane Samana, global head of equity and real assets, said the market had little response and oil prices fell, which suggests they may be waiting for a stronger response. Wells Fargo Investment Research Institute.
“The historical precedent of the market that was initially sold, just to restore and create new climaxes, has made investors react more frankly to them,” Samana said of the small moves seen since the U.S. strike. “The market wants to see Iran’s reaction before deciding how it affects the macroeconomic story.”
Monday afternoon President Donald Trump Posted on his social network Over the weekend, the U.S. attacked U.S. nuclear sites “completely destroyed.”
“Only fake news will say what is different in order to devalue as much as possible,” the U.S. president said. “It never ends with sleazebags in the media, which is why their ratings have been at an all-time low – zero credibility!”
Iran can still cut off Enter the Hormuz Straitthe country controls key transportation routes for oil and gas. Although Iranian lawmakers have approved its closure, it remained open on Monday afternoon.
“We believe that despite the risk of some markets selling the market at various events, the fundamentals are still strong enough that the market can continue to continue to grow higher and higher in the next year,” Samana said.
