Dow Jones learns the old war playbook now runs in reverse
The post Dow Jones learns the old war playbook now runs in reverse appeared on BitcoinEthereumNews.com. The Dow Jones Industrial Average opened Wednesday within a few points of its 52,847 session high and spent the rest of the day paying down three weeks of ceasefire faith, giving back 700 points through the day. President Donald Trump told the North Atlantic Treaty Organization summit in Ankara that the ceasefire with Iran is over, and equities repriced the region’s risk premium in a single session. One podium in Ankara, one repricing Trump’s declaration followed Tuesday’s attacks on three commercial vessels in the Strait of Hormuz, which drew an American response described as a series of powerful strikes against more than 80 Iranian targets, from air defence systems to anti-ship missile batteries. The president dismissed further dealings with Tehran as a waste of time and promised to hit the country hard again overnight, while the Treasury revoked the waiver that had allowed Iranian