U.S. tech stocks struggle for safe haven appeal in Iran market fallout

The Iran conflict is driving market turbulence and technology shares are failing to act as safe havens, removing a customary defensive support for the S&P 500 and Nasdaq. That elevates near-term risk of broader U.S. equity weakness and higher volatility as investors shift into more defensive positioning.

Analysis

The Iran conflict is driving market turbulence and technology shares are failing to act as safe havens, removing a customary defensive support for the S&P 500 and Nasdaq. That elevates near-term risk of broader U.S. equity weakness and higher volatility as investors shift into more defensive positioning.