U.S. stock index futures slid on Monday as escalating tensions between the Unite...
- U.S. stock index futures slid on Monday as escalating tensions between the United States and Iran prompted investors to seek refuge in safer assets such as gold and government bonds.
FILE PHOTO: A trader works at the New York Stock Exchange in New York, U.S., January 2, 2020. REUTERS/Bryan R Smith After ending 2019 on a strong note, Wall Street’s main indexes have been knocked off record levels after the killing of a top Iranian general by the United States last week raised the threat of a new Middle East conflagration.
Tehran has threatened to avenge the killing of the military commander, Qassem Soleimani, while President Donald Trump has warned that the United States would strike back, “perhaps in a disproportionate manner”, if Iran attacked any American person or target.
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