Stocks in Action USA: LS, RH, Adobe
Reading Time: 4 minutes
Gold, Oil, and Defense Stocks Soar – Markets React to Escalation Between Israel and Iran! The recent airstrikes by Israel on Iranian nuclear facilities significantly shook the financial markets on Friday. It’s no surprise, as this marks the most extensive attack on Iranian territory since the Iran-Iraq War in the 1980s. Israel's Defense Minister Israel Katz declared a state of emergency and warned of impending Iranian retaliation. The geopolitical uncertainty prompted traditional safe-haven assets to rally: shares of US defense contractors...
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