Israeli, Saudi stocks surge post US-Iran conflict
Even with all the US-Iran drama making headlines, Israel and Saudi Arabia's stock markets are actually doing well.
Israel's TA-35 index is up 1.2%, thanks mostly to Bank Hapoalim, while Saudi Arabia's main index rose 1% with help from Al Rajhi Bank.
Kuwait also saw a small boost, though Muscat slipped a bit.
Investors on edge as Iran warns of 'consequences'
Investors aren't letting their guard down just yet.
People are worried about how Iran might react—maybe blocking the Strait of Hormuz or hitting back at US interests in the region.
Iran has warned of "everlasting consequences" after President Trump acted without Congress, which has everyone on edge about whether this could turn into something bigger.
As strategist Hasnain Malik puts it, the real question is if more countries will get pulled in.