Stock market today: Dow, S&P 500, Nasdaq plunge, oil surges as fresh strikes intensify Iran conflict

What we drew from this source

The claims Via News extracted from this document. We point to the source; we don't replace it.

• Best Buy expects first quarter same-store sales to return to growth, rising 1%

  80% confidence

• Banks will see first quarter lift to trading business from increased volatility across many markets from the war on Iran

  80% confidence

• Overall market share was at least flat, pointing to slightly softer customer demand during holiday quarter

  80% confidence

• US would not rule out putting American boots on the ground in Iran conflict

  80% confidence

• The hardest hits are yet to come from the US military

  80% confidence

• US projected four to five weeks for Iran operations but has capability to go far longer

  80% confidence

• Trump administration will soon roll out program to help mitigate rising energy costs

  80% confidence

• A 10% increase in crude oil prices typically raises core inflation by 4 basis points and headline inflation by 20-30 basis points

  80% confidence

• S&P 500 has seen more than 30 pullbacks of greater than 5% since 2009, suggesting stocks can be resilient in face of bad news

  80% confidence

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