Geopolitical Tensions Rattle Nasdaq 100 as Iran Retaliates Against U.S. Military Bases

The Nasdaq 100 surrendered early gains, sliding into negative territory after Iran launched missile strikes on U.S. bases in Qatar and Iraq. The index had climbed 0.65% earlier Monday before reversing course amid escalating Middle East tensions following U.S. airstrikes on Iranian nuclear facilities.

Witnesses reported explosions near Doha as Israel confirmed at least 10 missiles targeted American installations. Al-Asad Air Base in Iraq remains on maximum alert, with the WHITE House monitoring developments but offering no immediate response from President Trump.

Risk assets face mounting pressure as the conflict enters a dangerous new phase. The tech-heavy index now shows a 0.05% decline, reflecting investor unease about potential escalation. Market participants await clarity on whether this exchange of strikes represents peak hostilities or the beginning of prolonged conflict.