Stocks hit by Iran-Israel fears, containment hopes stem losses

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Iran News

Israel-Palestinian Conflict,Middle East

Equities retreated Monday after Iran ramped up Middle East tensions by launching a barrage of missiles and drones at Israel over the weekend, fuelling fears of a wider conflict in the volatile region.

People stand in front of an electronic display showing the Hang Seng Index in the Central district of Hong Kong on July 26, 2021, after stocks plunged as tuition firms were hammered by China's decision to reform the private education sector by preventing them from making profits.HONG KONG, China —

It added on social media that "the matter can be deemed concluded" but warned that "should the Israeli regime make another mistake, Iran's response will be considerably more severe".But experts said the limited scope of the attack showed Iran was seeking to make a show of strength with its attack, but without sparking a conflict.

Shanghai rose more than one percent after China on Friday unveiled fresh market regulatory measures that one analyst said could help its long-term performance.US futures rose, having dropped sharply on Friday as investors went nervously into the weekend. With worries about an escalation subsiding for now, oil prices dipped, though observers warned they could spike back above $100 if the crisis worsens.

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