Global Stocks Plunge Amid Escalating Iran-US Military Tensions
Financial markets reel as the threat of war between Iran and the US looms large, sending investors into a panic and triggering a massive sell-off across global equities.
The global financial markets have been thrown into turmoil as the escalating military tensions between Iran and the United States have sparked fears of a full-scale war. Stocks across the world have tumbled as investors rush to dump risky assets and flock to safe-haven investments amid the heightened geopolitical uncertainty.
On Monday, the New York Stock Exchange saw a late-day rally, but that momentum was fully reversed in premarket trading on Tuesday. Major US indices such as the S&P 500 and Nasdaq Composite opened sharply lower, with the Dow Jones Industrial Average plunging more than 400 points at the open.
{{IMAGE_PLACEHOLDER}}Source: The New York Times
