Wall Street market analysts see ‘developing Iranian conflict’ leading to deeper market sell-off

Wall Street market analysts see ‘developing Iranian conflict’ leading to deeper market sell-off

Traders on the floor of the New York Stock Exchange.
Brendan McDermid | Reuters

Escalated geopolitical tensions swooped in and spoiled the market’s party in the new year, and Wall Street analysts warned the sell-off might be just beginning.
After a historic run in 2019 and a strong first day of 2020, the S&P 500 fell after a U.S. airstrike in Iraq killed Iranian general Qassem Soleimani on Friday,…

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