Relative calm returned to global markets, with stocks climbing and oil sinking alongside gold as fears subsided that Israel’s war against Iran would escalate into a wider conflict. News reports that Tehran wants to restart talks over nuclear programs also fueled risk-on sentiment.

Gold price downAmid the Israeli-Iranian conflict, equity markets appear to be showing resilience for now. European stocks were up early yesterday, Asian stocks were mixed, and futures showed the S&P 500 index had returned to the 6,

Oil prices surged, stocks dropped and investors flocked to safe havens like gold on Friday after tensions between Israel and Iran escalated, stoking concerns of a broader conflict in the region.

Stocks tumbled on Friday (June 13) after Israel launched a wave of airstrikes on Iran, pushing energy prices higher and adding another complication at a time of heightened geopolitical tensions. The Dow Jones Industrial Average fell 769.

US markets closed in red on June 11, 2025, influenced by modest inflation, a U.S.-China trade truce, and rising oil prices from Middle East tensions.

What is the biggest US crypto news today? JPMorgan says an attack on Iran could spike oil prices to $120, driving US CPI inflation to 5%.

U.S. markets sank on Friday, closing out a volatile week with losses after a dramatic escalation in Middle East tensions rattled global investors.

The dollar, which has lost around 10% in value against a basket of currencies this year, fell to its lowest since April 2022, as weaker-than-expected U.S. inflation data for May suggested that the Federal Reserve could resume cutting interest rates sooner rather than later.