MercadoLibre Shares Slump Amid Global Economic Uncertainty
Shares of MercadoLibre fell 6.8% today due to global economic uncertainty sparked by the US-Israeli conflict on Iran. The war in Iran has raised concerns about stagflation, high inflation combined with slow growth, and triggered a rally in oil prices. This led to a market sell-off, with major indexes like S&P 500, Dow, and Nasdaq … Read more