According to multiple foreign media reports, the White House in the USA stated on Tuesday that Iran is preparing to launch ballistic missile attacks on Israel. A senior White House official said in a statement: "There are indications that Iran is preparing to immediately launch ballistic missiles at Israel. We are actively supporting defense preparations to protect Israel from this attack. A direct military attack by Iran on Israel will bring serious consequences to Iran." After the news came out, US stocks plummeted, oil prices and gold rose, and the Japanese yen rose short-term. The Israeli stock index TA35 fell further within the day.
The US stock market continues to decline, $Nasdaq Composite Index (.IXIC.US)$ with the decline expanding to 2%, $Dow Jones Industrial Average (.DJI.US)$ currently down by 0.7%, $S&P 500 Index (.SPX.US)$ down by 1.19%.
Brent crude oil and WTI crude oil continue to rise, $Crude Oil Futures(NOV4) (CLmain.US)$ surging over 3%. The American oil & gas sector in the stock market is rising against the market,$Houston American Energy (HUSA.US)$rose more than 20%,$Exxon Mobil (XOM.US)$,$Occidental Petroleum (OXY.US)$up more than 2%,$Schlumberger (SLB.US)$,$TotalEnergies (TTE.US)$,$Chevron (CVX.US)$rose more than 1%.
$Gold Futures(DEC4) (GCmain.US)$ Rises nearly 1% within the day.
$JPY/USD (JPYUSD.FX)$ Once surged by over 50 points.
Cryptos generally fall, with bitcoin plunging over 1% within the day, trading at $62,700.
Editor/new