Stocks Fall as US-Iran Jitters Spur Rally in Oil

A flare-up in geopolitical risks drove stocks lower, bond yields rose and oil climbed as President Donald Trump said a ceasefire with Iran may be over, noting the US would probably launch further strikes. From New York to London and Tokyo, equities retreated. Almost 400 shares in the S&P 500 dropped, though… A flare-up in geopolitical risks drove stocks lower, bond yields rose and oil climbed as President Donald Trump said a ceasefire with Iran may be over, noting the US would probably launch further strikes. From New York to London and Tokyo, equities retreated. Almost 400 shares in the S&P 500 dropped, though chipmakers bounced. Sarah Hunt, Chief Market Strategist at Alpine Saxon Woods, discusses these market gyrations amid geopolitical swings. (Source: Bloomberg)