Iran’s Missile Strikes on U.S. Bases Send Nasdaq 100 Into Tailspin
Geopolitical shockwaves rattled Wall Street as Iran's missile attacks triggered a risk-off stampede.
Tech-heavy index bleeds out
The Nasdaq 100 got caught in the crossfire—because nothing says 'safe haven' like overvalued tech stocks during an international crisis. Algorithms panicked faster than a crypto trader spotting a 2% dip.
Flight to safety... or just flight?
Traders scrambled for cover as the missiles flew, proving once again that when real bullets start flying, even the shiniest growth narratives tarnish. Gold spiked while tech got kicked to the curb—some things never change.
Another reminder that in global markets, your portfolio can go from hero to zero between missile launch and impact. But hey—at least it's not another Fed meeting, right?
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Iran has launched 10 missiles at U.S. bases in Qatar, said an Israeli official. Witnesses in Qatar have informed Reuters of explosion noises over Doha, the capital of the country. There are also reports that Iran has fired missiles at U.S. military locations in Iraq, with a “maximum alert” warning at the Al-Asad Air Base currently active.
White House Issues Response to Iran Attack
The White House and the Department of Defense are aware of Iran’s attacks on U.S. bases and will closely monitor the situation, said a senior White House official. President TRUMP has not yet provided a statement to the public.
The Nasdaq 100 is down by 0.05% at the time of writing.