State Street SPDR Dow Jones Industrial Average ETF Trust (DIA)

Following warnings from Iran over the closure of the Strait of Hormuz, President Donald Trump announced that the U.S. would extend risk insurance for maritime trade through the strait.

According to a report by Chainalysis, a significant chunk of the outflows went into self-custodial wallets instead of being transferred to other exchanges after the U.S.-Israel airstrikes on Iran over the weekend.

Bitcoin held above $68,000 even as KOSPI dropped more than 10%, U.S. indices closed lower, and gold shed gains.

Investors are looking at earnings from Abercrombie & Fitch, Broadcom and Okta on Wednesday.

In a post on Truth Social, U.S. President Donald Trump said on Tuesday that the country would provide risk insurance and Navy escorts to ships travelling through the Strait of Hormuz.

President of Federal Reserve Bank of Minneapolis Neel Kashkari pointed out that the inflationary effects of such conflicts are unpredictable, according to a report from Reuters.

Qatar’s Foreign Ministry spokesperson said on Tuesday that Iran has struck a dozen countries in the Middle East, with Qatar being one of them.

According to a Bloomberg report, Federal Reserve Bank of Kansas City chief Jeff Schmid said on Tuesday that inflation in the U.S. has been above the Fed’s target for almost five years.

This comes hours after the President said that the United States will do “whatever it takes” to achieve its objectives in the Iran war.

Ryanair CEO Michael O’Leary addressed reporters at a press conference in Poland, predicting that tourism flows to the Middle East will suffer as a result of the Iran war.

U.S. index futures declined sharply in Tuesday’s pre-market, mirroring the global rout as the U.S.–Israel–Iran conflict fuels a rise in oil prices and renewed inflation worries.

The economist believes AI is not an apocalypse but an accelerator of productivity.

Data from Stocktwits showed that retail sentiment on SPY and QQQ turned ‘bearish’.

The nuclear watchdog stated that the entrance buildings of Iran’s underground Natanz Fuel Enrichment Plant have sustained some damage recently.

Investors now await Fed speeches, CrowdStrike and Target earnings, and a week of economic data capped by Friday’s jobs report.

“I think the recent Iran situation puts the Fed even more on hold, more reluctant to cut rates than they were before this happened,” Yellen said, according to a Bloomberg report.

CEO Jamie Dimon said in a CNBC interview that there’s more inflation than people think, and that could have long-term consequences.

The President added that while the U.S. has projected a timeline of four to five weeks for the Iran mission, the country has the capability to extend it far longer.

During an interview with CNBC, Eisman downplayed the impact of the Iran conflict, stating that it could be “very, very positive” in the long term for equity markets.

The analyst stated that the escalation of tensions in the Middle East is “unlikely to stick for long” due to political calendars, with the U.S. midterm elections slated for November 2026.

The benchmark ETF is testing a critical technical breakdown. The move follows a sharp global selloff as escalating tensions in the Middle East sent oil prices soaring.

Speaking at the IAEA Board of Governors Meeting, Grossi warned that while no radiation spikes have been detected, continued hostilities could endanger facilities across the region.

Data from Stocktwits showed that retail sentiment on SPY has remained ‘bullish’, while it hovered in the ‘bearish’ territory on QQQ.

U.S. stock futures slipped late Sunday as escalating U.S.-Iran tensions pushed investors toward safe-haven assets such as Treasuries, gold, and the dollar.

Gold rallied, bonds firmed, and Asian markets declined amid escalating geopolitical tensions in the Middle East, prompting a flight to safe-haven assets.