Trump’s Iran deadline triggers 5% drops in Nikkei and Kospi
Investors sold Asian stocks after Trump warned Iran to reopen the Strait of Hormuz in 48 hours, raising fears of strikes on Gulf energy and water systems.
Coverage of market moves, trends, and key drivers across asset classes.
Investors sold Asian stocks after Trump warned Iran to reopen the Strait of Hormuz in 48 hours, raising fears of strikes on Gulf energy and water systems.
US stocks and bonds fell as Brent oil settled at $112.19 and the 10-year Treasury yield rose to 4.39%, while gold slid more than 10% for the week.
Brent crude settled at $112.19 a barrel, the 10-year Treasury yield hit 4.39% and the S&P 500 fell 1.51% as markets weighed oil-driven inflation.
The United States and Israel launched intense airstrikes inside Iran. Oil spiked near $120 a barrel and global markets rallied and fell in response.
Reports of a planned U.S. operation inside Iran drove crude into a violent swing and pushed U.S. equities lower.
The Nasdaq.com analysis said the Shiller CAPE “declined for the first time” in nearly a year after rising above 40, a move it linked historically to market pullbacks.
Tokyo's 30-year yield jumped more than 0.25 percentage point, reviving the "widow-maker" trade and prompting global outreach.
Meta's AI infrastructure deal lifted Nvidia to about $184.97 after hours. Investors rotated into hyperscalers and chipmakers while software stocks lagged.
Stocks fell sharply and bond yields rose as tensions over Greenland and tariffs increased market volatility.
Trump’s tariff threat triggered major stock declines, soaring Treasury yields, and a flight to gold and silver.
National average mortgage rates have fallen, offering homebuyers savings and refinancing opportunities.
Stocks showed mixed results as rising food prices and a Justice Department probe into Fed Chair Powell increased uncertainty.