S&P 500 Plummets, VIX Skyrockets as Iran Retaliates Against Israel—Markets in Turmoil
Geopolitical shockwaves hit Wall Street as Iran''s strike sends investors scrambling.
Fear gauge VIX surges—proof that even ''hedged'' portfolios aren''t safe from old-fashioned war.
Meanwhile, crypto markets barely flinch. Funny how decentralized assets don''t panic over centralized conflicts.
Another day, another reminder that traditional finance''s ''stability'' is just volatility with better PR.
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During times of geopolitical conflict, investors usually adapt a risk-off attitude, resulting in stocks being sold off. Volatility, as measured by the Volatility Index (VIX), tends to spike as well. That’s happening today with the VIX up by nearly 20%.
President Trump Urges Iran to “Make a Deal”
President TRUMP continues to pressure Iran for a deal to halt its nuclear program and said “JUST DO IT, BEFORE IT IS TOO LATE” in a Truth Social post this morning.
Meanwhile, not all stocks are going down. Defense stocks, like Lockheed Martin (LMT) and RTX (RTX), are both up by over 3% on Friday. Oil stocks, like Exxon Mobil (XOM) and Chevron (CVX), are also in the green as the conflict could disrupt oil supply chains and raise prices in the process.
The S&P 500 is down by 1.10% at the time of writing.
