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Bloomberg

Stocks Fall as US-Iran Strikes Spur Rally in Oil

Monday, August 31, 2026


Oil prices increased following military strikes between the United States and Iran. Stock indexes declined and bond prices fell on the same trading day. Tracie McMillion, Head of Global Asset Allocation Strategy at Wells Fargo, commented on market conditions for stocks and commodities according to Bloomberg.

Original reporting: https://www.bloomberg.com/news/videos/2026-08-31/stocks-fall-as-us-iran-strikes-spur-rally-in-oil-video

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