LMBS - Mideast War An Investor Bore As Markets Soar
2025-07-02 10:00:00 ET
If I told you at the beginning of the year that the U.S. would bomb key nuclear sites in Iran, would you have guessed that Middle East stability would follow—and that global financial markets would soar to record highs? Personally, I wouldn’t have bet on that outcome. But that’s exactly what happened last month. While geopolitical dynamics remain fluid, markets shrugged off the chaos. The S&P 500 rallied +5.0%, the Dow Jones Industrial Average climbed +4.3%, and the Nasdaq catapulted +6.6%, powered largely by artificial intelligence stocks like Nvidia Corp. ( NVDA ), which surged +16.9% for the month to a market value of $3.9 trillion (more on AI below). This is an important reminder that trading off of news headlines is a fool’s errand....
Mideast War An Investor Bore As Markets Soar