The year was expected to be a boost for international stocks, but the ongoing Iran conflict has shifted that momentum back in favor of US markets. Since the initial attack in late February, global markets have taken a hit. The MSCI index, which tracks global stocks excluding the US, has fallen around 10%. In contrast, the US market has suffered relatively mild losses, with an 5.4% decline. Germany’s Dax and Japan’s Nikkei Stock Average have also seen significant declines of 11% and 9.3%, respectively.
Note: I’ve simplified the text by removing technical terms like “MSCI index” and rephrasing sentences for easier understanding. I’ve also removed the copyright information, as it’s not relevant to the article content.
Source: https://www.wsj.com/finance/stocks/us-stocks-equities-iran-war-2b1f7087