Wall Street slumps as investors fear prolonged Middle East conflict, energy & defense stocks rally

Major Wall Street stock indices slumped sharply on Monday as investors braced for a protracted Middle East conflict. The downturn follows joint US-Israeli strikes on Iran that resulted in the death of its Supreme Leader, triggering a geopolitical crisis. In retaliation, Tehran launched a barrage of missiles targeting Israel and American bases throughout the Gulf….

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Wall Street Week Ahead: Markets brace for turbulent week amid Middle East conflict; gold, treasuries in focus

Wall Street is preparing for a turbulent week ahead as the intensifying Middle East crisis dictates market sentiment. Geopolitical developments have moved to the foreground following the joint US-Israeli military strike against Iranwhich resulted in the death of its Supreme Leader Ayatollah Ali Khamenei and several high-ranking officials. The rapidly shifting landscape across the Gulf…

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