The recent Israeli air strikes against destinations in Iran also burden the US exchanges on Friday. But the mood could change quickly.
The Dow Jones lost 0.9 percent to 42.579.48 points at the start and continues to slip into the minus.
The tech value index Nasdaq Composite the session opened 1.08 percent lower at 19,450.92 points and currently remains at this weak level.
Oil prices and gold course attract
The oil prices are responding to the latest escalation of the conflict between Israel and Iran, which, according to information from trade, causes inflation concerns. Also “safe ports” such as gold or the classic escape currencies dollars, Swiss francs and Japanese yen record.
Market situation is tense anyway – the mood could change, however,
“The geopolitical shock also came to an already tense market situation that was already drawn by the erratic trade policy of President Trump and the failed nuclear discussions between the USA and Iran,” commented IG.
However, the mood on the market could quickly change again, says Pepperstone. The Financial markets Preistal geopolitical fears usually quickly occurred, but they discounted them just as quickly, which will soon let the risk premium melt again.
DJG/DJN/CLN/ROS
Dow Jones Newswires
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