Wall Street’s negative feelings came back after Donald Trump said he was withdrawing the United States from a nuclear deal with Iran and imposed new sanctions on the Middle East.
As a result of the Dow solution, it traded 100 points lower, remaining below the basic level of resistance, and the SP500 declined by 0.60%.
Already in 2015, the Obama administration and Iran signed an agreement to postpone sanctions on Iranian oil exports, in exchange for Iran to curb its nuclear program. On Tuesday, Trump said the United States is withdrawing from this deal and restoring sanctions against Iran. This drastically raised concerns about peace in the Middle East and fired the oil upward. Gold and JPY also mark an increase.
Trader Petar Milanov