Stocks hit by Iran-Israel fears, containment hopes stem losses
A motorcycle speaks on a phone while driving past a billboard depicting named Iranian ballistic missiles in service, with text in Arabic reading "the honest [person's] promise" in Valiasr Square in central Iran. Photo: AFP
Equities retreated Monday after Iran ramped up Middle East tensions by launching a barrage of missiles and drones at Israel over the weekend, fuelling fears of a wider conflict in the volatile region.However, while Israel called the attack -- which Tehran said was in response to a strike on its Syrian embassy -- an escalation...