NewzVille Business Desk
Global markets today shrank as war jitters over Iran intensified following US President Donald Trump’s address.
US stock futures dropped around 1.3%, while European futures fell over 2%. In Asia, Japan’s Nikkei declined 2.4%, and South Korea’s Kospi plunged 4.7%. MSCI’s broadest Asia-Pacific index outside Japan lost over 2%. Treasury yields rose, with the 10-year note climbing to 4.376%.
In the precious metals market, global gold fell more than 1% to $4,670 per ounce, and global silver dropped over 4% to near $72 per ounce, reflecting heightened investor caution amid escalating geopolitical tensions.
