Trump's Iran Threats Lead to Nervous Reactions on the Markets – Oil Prices Markedly Above $100 – Amazon Negotiates Acquisition of Globalstar – Eli Lilly Competes With New Weight Loss Pill – Tesla Misses Expectations – Biogen Grows Through Billion-Dollar Acquisition of Apellis Pharmaceuticals
Reading Time: 10 minutes
Hope for a quick peace in the Middle East vanishes, leading to nervous reactions on US markets The brief comeback on Wall Street comes to a sudden end after just a few days, as the major US indices open trading with significant losses. The Dow Jones opens at 45,949 points, down 1.3% , while the broader S&P 500 falls 1.2% to 6,496 points, and the technology-heavy Nasdaq even loses 1.6% to 21,456 points. Currently, all three indices have managed to roughly offset their losses and are now fluctuating around yesterday's closing prices. The...
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