While escalating tensions in the Middle East derailed the stock market’s strong start in 2020, some sectors of the market are rising on the news even as nervous Wall Street investors sell assets amid increasing geopolitical risk by skleb1234
start in 2020, some sectors of the market are rising on the news even as nervous Wall Street investors sell assets amid increasing geopolitical risk ., ‘war stocks’—companies in the defense industry—have climbed: Over the last five days of trading, the SPDR S&P Aerospace & Defense ETF rose almost 4%, while the iShares U.S. Aerospace & Defense ETF was up 2.5%.
Shares of energy and oil companies have risen as well, alongside the surge in oil prices which shot up 4% on Friday, and have now hit above $70 per barrel for the first time in three months. Since the start of last week, As the U.S. awaits Iran’s promised retaliation—which could include cyberattacks against American banks and universities—cybersecurity stocks have also jumped in recent days: The ETFMG Prime Cyber Security ETF , for instance, has risen nearly 2.5% over the last five days.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Stocks slip amid worries over escalating U.S.-Iran conflictStocks fell in early trading on Wall Street Monday and oil prices continued rising as investors worried that tensions between the U.S. and Iran would escalate
Leer más »
Amid talk of war, Iranian-Americans seem to prefer peaceAs President Trump threatens Iran with attacks on 52 sites if it retaliates for the killing of Qassem Soleimani, Iranian-Americans fear war.
Leer más »
Amid rising tensions with Iran, hundreds rally against war in downtown L.A.Demonstrations were held around the world Saturday in opposition to a U.S. war with Iran.
Leer más »
Mike Pompeo says Trump 'doesn't want war' with Iran, rejects accusations president threatening 'war crimes'The secretary of state dismissed criticism that Donald Trump is threatening Iran with 'war crimes,' saying the president is a 'reluctant participant' and doesn't want war with the Islamic Republic.
Leer más »
European stocks close lower after US airstrike kills Iranian commander, spiking tensionsCNBC International is the world leader for news on business, technology, China, trade, oil prices, the Middle East and markets.
Leer más »
Most overpriced stocks in the market to avoid, 20% drop: Goldman Sachs - Business InsiderGoldman Sachs says these 10 stocks are dangerously overvalued and could tumble 20% — and their list includes Apple, which they see plunging 35% this year
Leer más »