Stocks slip amid worries over escalating U.S.-Iran conflict

  • 📰 ABC
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

MARKETS: Global stock markets are falling while oil and gold prices are rising as tensions escalate between the U.S. and Iran.

ian general last week and prompted threats of retaliation from Iran. That has rattled financial markets around the world as investors remain uncertain about how Iran will respond.Banks were also among the biggest losers in the early going as bond yields slipped. Lower yields hurt their ability to charge more lucrative interest on mortgages and other loans. JPMorgan Chase fell 1.2%.

Investors mostly shifted money into safer holdings. Utilities and real estate companies rose. Gold prices climbed 1.7% and reached a seven-year high. The yield on the 10-year Treasury fell to 1.77% from 1.78% late Friday. WEEK AHEAD: The first full week of the new year could help give investors a clearer picture of the economy at the close of 2019. On Tuesday, the Institute for Supply Management will release its December report on the U.S. service sector, which makes up the bulk of the economy.

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:

 /  🏆 471. in ZA
 

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

I’d take a hit on my 401k to ensure Trump isn’t re-elected.

Putin is happy.

Oil prices up ? All those democrats with investments in foriegn oil just decided war is ok

County is becoming a real mess and the contributing factor people who r running this country and it is sad!!😞😞😞😞😞😞😞and for all u people that think he is doing such a wonderful job just look around DON'T THINK SO!!!

ALL CAUSED BY STUPID tRUMP

South Africa South Africa Latest News, South Africa South Africa Headlines

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

European stocks seen lower as US-Iran tensions fuel safe haven buyingEuropean stocks are set to open lower on Monday, as investors monitor rising tensions between the United States and Iran. zerohedge 'Britain's FTSE 100 is seen falling 34 points to 7,580, Germany's DAX slumping 110 points at 13,092, and France's CAC dropping 43 points to 5,983, according to IG index data.'
Source: CNBC - 🏆 12. / 72 Read more »

European shares tumble on U.S.-Iran faceoff; oil stocks near two-month highEuropean shares extended losses on Monday as tensions following the killing of a... Don´t buy any american stuff. The worst of the war is that everything derived from oil will be all expensive, the world cost of the barrel can reach up to 6% and who will pay the duck? the people in over 60 countries.
Source: Reuters - 🏆 2. / 97 Read more »

Stocks wipe out new year gains; gold, oil soar on U.S.-Iran threatShares erase new year gains, gold and oil soar on U.S. and Iran trade threats by ritvikcarvalho ritvikcarvalho انا_عراقي_البرلمان_لا_يمثلني I_am_an_Iraqi_parliament that_does_not_represent me ritvikcarvalho I just sold mineral rights hi oil prices make drilling more likely.
Source: Reuters - 🏆 2. / 97 Read more »