U.S. Stocks Fall Amid Iran Tensions; Dollar Gains: Markets Wrap

European shares rise; Chinese equities rally on trade hope
West Texas crude drops from multimonth highs; gold up

James Athey of Aberdeen Standard Investments says markets are too optimistic as there “wasn’t much of a panic” in response to U.S.-Iran tension.Source: Bloomberg.

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By Claire Ballentine and Vildana Hajric

January 6, 2020 at 9:45 PM UTC

Updated on

January 7, 2020 at 9:02 PM UTC

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U.S. stocks fell as investors remained wary of an escalation in tensions with Iran. The dollar advanced, while oil continued its retreat from multimonth highs.