Increased volatility after Israel's strike on Iran led to U.S. stock sell-off.
From CNBC: 2025-06-14 12:16:00
The market experienced increased volatility after Israel’s strike on Iran. Geopolitical tensions led to a sell-off in U.S. stocks, with the S & P 500 and Nasdaq dropping. Gold rose as a safe haven, while crude oil futures surged. Economic data showed lower inflation and softening labor market. AI updates included Apple’s disappointing WWDC event and Meta’s investment in Scale AI for a new “superintelligence” unit. Nvidia’s CEO highlighted growing demand for accelerated compute capacity. Oracle and AMD made strides in AI with positive quarterly results and new server chip announcements.
Read more at CNBC:: Israel-Iran attacks and the 2 other things that drove the stock market this week