“Rising geopolitical tensions have been and continue to be a risk for markets,” said Gaurav Mallik at Pallas Capital Advisors. The uncertainty “is a recipe” for volatility, he added. The S&P 500 fell ...
The financial world was roiled by a flare-up in geopolitical risks that sent stocks sliding — while spurring a flight to the safest corners of the market such as bonds and the gold. Oil wavered.