44. Weekly Market Recap: Key Movements & Insights

Mideast Crisis Ignites Oil Prices 🔥 Is a Wider War About to Tank the Market? 🤔

Geopolitical Shock Hits Wall Street, S&P 500 Snaps Winning Streak as Mideast Tensions Flare

Wall Street’s quiet week was shattered at the last minute as a dramatic escalation in Middle East conflict sent investors fleeing for safety. Stocks, which had been treading water for days, tumbled on Friday after Israel launched an unprecedented attack on Iran. The move ignited fears of a wider war, sending oil prices soaring and snapping a two-week winning streak for the S&P 500.

For the week, the S&P 500 fell 0.5%. The sudden risk-off turn overshadowed mid-week optimism about tamer inflation and progress on trade, reminding investors how quickly geopolitical shocks can upend markets. All eyes are now on the Fed's upcoming policy meeting and the potential for sustained inflation driven by energy prices.