Markets Reverse Losses Following Turmoil After Iran Attack (Updated)

By Tyler Durden

S&P500 index futures erased their earlier crash, after tumbling more than 50 points following news Iran launched ballistic missiles at US airbases in Iraq, as investors turned optimistic and looked past the missile strikes focusing instead on Iran’s comments that the country isn’t “seeking escalation or war” and Trump’s tweet that “all is well.” As a result, S&P 500 e-mini futures up around 0.1%, after earlier sliding as much as 1.7%, with global markets broadly in the green too. Read the full update HERE.

Just when you thought it was safe to buy the most expensive, most complacent stock market rally in the world… Iran begins retaliation against America’s killing of Soleimani…

Dow futures are down over 400 points

Gold has soared above $1600…

And WTI has erupted above $65…

Treasury yields are plunging…

Source: Bloomberg

Bitcoin is bid…

Source: Bloomberg

And VIX futures are exploding higher…

Time to get on the phone!

This article was sourced from

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