Pres. Trump has posted on TruthSocial:
Stocks have continued their slide with the NASDAQ now down around 900 points or -3.5%. The S&P is down -160 points or -2.15% and the Dow industrial average is down close to 500 points on the day. The shooting down of the helicopter was reported last night but it wasn’t clear what was your responsibility.
With the US likely to respond, it most likely opens the door for Israel to continue its offensive against Lebanon.
The price of crude oil did spike on the news but is coming off. It is still down $-3.17 at $88.07 which may suggest that if the wars intensified it would also end much sooner than through negotiations. The low price did extend to $85.95. The high prices at $91.55 for the day. The current price is near the middle of that range at $88.07.
The US dollar has moved higher. The EURUSD is back near the lows from late yesterday and earlier today as it completes the up and down lap for the day.
