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Israel-Iran conflict poses three challenges for stocks that could slam market by up to 20%, warns RBC.
stock :: 7hrs ago :: source - marketwatch
By Jamie Chisholm
Amid the tragedy of the Israel-Iran conflict, stocks are proving stoic. Futures early Monday, as the missile attacks continued, showed the S&P 500 once again reclaiming the 6,000 mark. That’s only about 2% shy of the record high struck in February.
However, there are three possible ways that the Middle East conflagration may still negatively effect the equity market, according to Lori Calvasina, head of U.S. equity strategy research at RBC Capital Markets.
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