Stock Market Rebounds, Shaking Off Geopolitical Fears For Now

  • 📰 Forbes
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Stocks recovered earlier losses to end Monday in the green.

“The rebound wasn’t so much in response to a specific headline but instead a reduction in anxiety around the events in Iran,” says Adam Crisafulli, founder of Vital Knowledge. While there will be some Iranian retaliation, most reports suggest that it won’t be imminent or direct—“that’s why markets are being relatively calm about it.”

Wall Street appears content with the view that tensions with Iran will eventually cool down: “The near-term conclusion from investors seems to be that a full-on military conflict can be avoided,” according to Dan Eye, director of equity research at Roof Advisory Group, a division of Fort Pitt Capital Group.

History shows that stocks usually recover from negative geopolitical events: Out of 16 major events dating back to 1990—including the Gulf War, Iraq War and 9/11—the Dow fell an average of only 2%. Over the next three- and six-month periods, the Dow rose almost 90% of the time, with average gains of 5% and 8%, respectively, according to LPL Financial’s research.

“As serious as this escalation is, previous experiences have indicated it may be unlikely to have a material impact on U.S. economic fundamentals or corporate profits,” LPL Financial’s chief investment officer, John Lynch, wrote in a note. He says investors selling off assets may be doing so prematurely, “given stocks have weathered heightened geopolitical tensions in the past.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

That was the most obvious attack on our markets I have ever seen and it failed hard. They shot some missiles and then dumped all our shares all at once. All they did was lose money.

Mr.464, How are you? Beautiful day for some stock marketing jumps.. PaperStreetPromotions

👍

Great for crypto! Keep doing the good job Mr. Trump

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market Rebounds, Shaking Off Geopolitical Fears For NowStocks recovered earlier losses to end Monday in the green.
Source: Forbes - 🏆 394. / 53 Read more »

Stock Market Rebounds, Shaking Off Geopolitical Fears For NowDespite ongoing U.S. tensions with Iran that derailed markets last week, U.S. stocks staged an impressive rebound today, recovering from earlier anxiety on Wall Street by skleb1234 skleb1234 bargain hunters. as this gets worse, stocks will tumble. it’s overdue, actually. “uncertainty” is the middle name of this “administration” somebody should look into how much foreign investment is propping up the market. could be more russian interference for realDonaldTrump skleb1234 All signs of bubble, don't care of any news.
Source: Forbes - 🏆 394. / 53 Read more »

5 things to know before the stock market opens MondayShort $BA
Source: CNBC - 🏆 12. / 72 Read more »

5 things to know before the stock market opens TuesdayU.S. stock futures were pointing to a steady Wall Street open after the Dow closed erased an over 200-point decline early Monday to close higher.
Source: CNBC - 🏆 12. / 72 Read more »

Stock market investing strategy that's beaten the S&P 500 since 1990 - Business InsiderA Wall Street expert lays out a precise stock-trading strategy that's crushed the market for 30 years — one he says is ripe for the taking now
Source: BusinessInsider - 🏆 729. / 51 Read more »