Stock Market Eyes Best June in 80 Years But Iran Could Spoil Dow’s Party

By CCN Markets: The Dow Jones has fared surprisingly well this year despite simmering US-China trade tensions, gaining nearly 15% heading into the final week of June. The stock market’s latest rally puts it on track to record its best June since 1938. But the enormous stock market rally faces a new threat – the Trump administration’s decision to increase sanctions on Iran. Brian Hook, the US special representative to Iran, told CNBC in an interview: “We are going to increase our sanctions on Iran and continue our foreign policy.” A bad omen for the Dow The stock market is

The post Stock Market Eyes Best June in 80 Years But Iran Could Spoil Dow’s Party appeared first on CCN Markets

Source: https://www.ccn.com/market-news/stock-market-best-since-1938-iran-spoil-dow/2019/06/22/

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