Morning update: markets react to Iran events

US markets are positive, defense stocks continue to rise, and oil and gas strengthen amid the situation in Iran.

By the SpyStocks desk · 1y ago · 1 min read

Morning update

As of this writing, the US market is positive

  • Futures are up
  • The S&P 500 is up 0.3%+
  • The Nasdaq is up 0.4%+
  • The Russell is up 0.6%+
  • The Dow is up 0.2%+
  • Bitcoin is up 1.24%

It seems the world understands that the event with Iran is actually a positive event – Israel is doing the dirty work and benefiting humanity

Defense stocks also continue to rise in after-hours trading

Palantir - 1.5%+ all-time high, Kratos Defense - 2.2%+, Lockheed Martin - 1.5%+

On the other hand

Gold is starting to fall and is down 0.5% as of this writing

Oil continues to rise and is currently up 0.8%

Natural gas is up 2.43%

The explanation?

Although gold is falling, oil prices are unstable due to the situation in Iran

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