Author: Sebastian Montague

In a marked downturn, United States equities took a significant hit last Friday, culminating in a sharp decrease across major stock indices. This decline was primarily fuelled by an escalation in geopolitical tensions after Iran fired missiles towards Israel. This aggressive action was in retaliation to Israel’s robust military operations, which were aimed at significantly undermining Tehran’s nuclear armament capabilities. Such geopolitical instabilities tend to unsettle financial markets globally, as investors weigh the potential impacts on international trade and oil prices, the latter of which saw a noteworthy increase following the missile launch. The reverberations of these tensions were clearly…