Wall Street starts lower amid heightened US-Iran tensions

Friday, 21. June 2019 15:32

United States stock markets started the Friday trading session with losses amid tensions between the US and Iran, which escalated after Tehran confirmed it shot down a US drone that allegedly entered its airspace. Earlier today, US President Donald Trump confirmed he withdrew an order at the last moment to launch retaliatory airstrikes against Iran, adding that he is in "no hurry" to strike Iran and that new sanctions against the country were added last night.

The Dow Jones was down 0.05% at the opening bell, with United Health group the worst performer. The Nasdaq 100 dropped 0.26%, weighed down by Align Technology. Meanwhile, the S6P 500 slipped 0.05% to start the session slightly in the negative territory, pulled down by Sealed Air Corp. The euro was 0.28% higher against the dollar to sell for 1.1323 at 9:32 am ET.

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Breaking the News / FH