Stocks Sink, Oil Rises as US, Iran Path Forward Remains Unclear

Bloomberg
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Stocks Sink, Oil Rises as US, Iran Path Forward Remains Unclear
Bloomberg
Written by Bloomberg
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Stocks fell and oil rose on concern the war in the Middle East is intensifying ahead of President Donald Trump's deadline for Iran to agree to a ceasefire deal. Fears that an escalation of the conflict could heighten an energy squeeze and endanger the global economy curbed risk appetite, with the S&P 500 halting a four-day advance. Jim Caron, Morgan Stanley Investment Management Portfolio Solutions Group CIO joins to discuss what investors should do in this environment.

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