Overview
  • U.S. equities fell on Thursday after Brent Crude prices broke above $100 per barrel once again.
  • The rise in oil prices come after the U.S. conducted strikes against Iran for a 12th consecutive night, and reports that a tanker was attacked off the coast of Saudi Arabia.
  • While U.S. stocks initially didn’t react much to the reignited conflict while oil prices rose and Treasury yields marched higher, investors on Thursday began to rethink their potential short-sighted outlook.

Major U.S. stock indexes tumbled on Thursday as investors began to price in the consequences of a renewed and prolonged conflict in the Middle East. 

Source: https://www.cnbc.com/2026/07/23/short-sighted-stock-market-can-no-longer-brush-off-war-investors-say.html