Markets Slip as Iran War Tensions Spike Oil Prices
Global markets retreated on Friday as the persistent geopolitical standoff between the United States and Iran cast a shadow over investor optimism, effectively halting a weekslong rally that had pushed indices toward record highs. The S&P 500 dropped 0.4%, while the tech-heavy Nasdaq composite faced steeper losses of 0.9%, signaling a shift in sentiment as…
