U.S. Strike on Iran Triggers Risk-Off Sentiment

5 articles I'm watching carefully

Tyler Dupont
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Good morning 👋

Here's the latest news I'm tracking today.

 📈 Stocks / Finance

U.S. Strike on Iran Triggers Risk-Off Sentiment

Stocks may sell off Monday as investors flee to safe havens after the U.S. destroyed key Iranian nuclear sites. Bitcoin dropped 2%, Ethereum 8%, while Tel Aviv’s TASE 35 rose 1.5%. Analysts warn of oil-driven inflation and delayed Fed rate cuts.

Tesla Launches Robotaxi Pilot in Austin Amid Regulatory Uncertainty

Tesla began a limited robotaxi service in Austin on June 22, ahead of Texas AV rules taking effect Sept. 1. Early access rides cost $4.20, use geofenced Model Ys with safety monitors. TSLA closed up 0.03% Friday and is up 35% since April on robotaxi optimism.

Analysts Predict New S&P 500 Highs Despite Tariff Turmoil

LPL’s Turnquist and Ithaca’s Fox forecast a bullish S&P 500 breakout, citing technical momentum and broad sector strength. Fox targets 7,000 by mid-2026, a 20% gain, citing parallels to 2013's 33% rally and recent 'cup-and-handle' breakout patterns.

🪙 Crypto

Bitcoin Dips Below $100K After U.S. Strikes on Iran

Bitcoin fell 4% to $99.3K after U.S. airstrikes on Iranian nuclear sites, marking its first drop below $100K in over a month. Ether plunged 10%. The total crypto market lost 7% amid rising geopolitical tensions and escalating Middle East conflict.

🌎 Global Economy

Tariff Strategy May Bolster China’s Global Position

Analysts say U.S. tariff policies, especially under Trump, may accelerate China's global dominance by weakening U.S. competitiveness. The approach has strained alliances and ignored structural issues while China invests in tech, manufacturing, and international ties.

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