RATE Group | How Stocks, Oil, Gold, & Bitcoin Reacted to Trump’s Airstrike on Soleimani
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How Stocks, Oil, Gold, & Bitcoin Reacted to Trump’s Airstrike on Soleimani

04 Jan How Stocks, Oil, Gold, & Bitcoin Reacted to Trump’s Airstrike on Soleimani

Posted at 12:05h in Bitcoin News by

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  • Trump sent a shockwave through financial markets when he ordered an airstrike that killed Qassem Soleimani.
  • Stocks, gold, and oil all fluctuated wildly as US-Iranian hostilities flared.
  • Here’s how the prices of major assets responded.

When US President Donald Trump ordered an airstrike that killed Iranian general Qassem Soleimani, he also unleashed a shockwave through global financial markets. Major stock indices cratered as investors fled into safe-haven assets like gold, and oil prices spiked on fears of Iranian retaliation.

Here’s how financial markets reacted to Soleimani’s death.

US Stock Market Recoils After Trump Unleashes Airstrike

Stock futures recoiled after Soleimani’s killing became public, and the bloodbath spilled over into regular trading hours.

The Dow (blue), S&P 500 (black), and Nasdaq (red) fell in unison on Friday as Western stock markets reacted to Soleimani’s death. | Source: Yahoo Finance

Shortly after 10:30 am ET, the Dow Jones Industrial Average had…

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