At 7:46 a.m. Monday, Doornbos had posted on X that Iranian officials were still considering a U.S. proposal to end the war, 'centering around uranium enrichment.'
U.S. equity markets delivered a strong performance over the past week, supported by improving geopolitical sentiment and renewed investor confidence, with all major indices recording gains exceeding 3%.
Escalating geopolitical risk continued to dominate global markets' concerns, with safe-haven demand keeping the dollar index anchored near a multi-week high.
The move reflects a noticeable increase in market caution as investors begin to reprice rising macroeconomic risks. According to data from The Street, around 68% of stocks in the market declined in the latest session, while only about 28% advanced. This suggests that selling pressure was not limited to a few sectors but rather spread across the broader market, reflecting a state of broad risk-off selling.
The Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) is up 42% over the past year, and nearly 29% year-to-date. These gains reflect a war that has scrambled global commodity supply chains from crude oil to wheat to fertilizer.
The markets appear to be on the road to recovery after yesterday's sell-off. President Trump revealed he would not exert extreme force in his pursuit to acquire the territory of Greenland. He also predicts that the U.S. stock market is poised to double in value sooner than later. Big Tech stocks are mixed, with chipmakers Nvidia ( Nasdaq; NVDA) and Micron Technology ( Nasdaq; MU) recapturing ground while Microsoft ( Nasdaq: MSFT) and Broadcom ( Nasdaq: AVGO) are seeing red.
