Stock Traders Brace for More Short-Term Jitters as War Rages On
A television broadcasts oil price news on the floor at the New York Stock Exchange.
Photographer: Michael Nagle/BloombergEquity traders are hedging against the risk of weeks of further volatility before any sense of calm returns to global markets.
It’s not just the war in Iran: A meeting between Chinese leader Xi Jinping and US President Donald Trump expected in Beijing in late March will likely move markets as well. Options traders are betting the turbulence in stocks will last at least the next few weeks before relative calm returns following the talks between the leaders of the world’s two biggest economies.