Gary Black: U.S. stocks fall after U.S.-Iran strikes and Trump retaliation

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Anastasiia Chabaniuk

1 hour ago

Gary Black: U.S. stocks fall after U.S.-Iran strikes and Trump retaliation — Stocks drop after U.S.-Iran strikes

Gary Black, managing partner and investor at The Future Fund, reports that U.S. stocks declined following overnight U.S.-Iran strikes prompted by U.S. President Donald Trump’s retaliation for an Iranian attack on a U.S. Apache helicopter.

Brent crude prices and 10-year treasury yields increased, while technology stocks weakened as markets braced for incoming CPI data and potential Fed rate hikes.

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Gary Black recently highlighted pre-market declines in stocks after weak chip sector guidance and a drop in Bitcoin prices, citing tech valuation concerns in a prior report. He also pointed to rising AVGO shares as Wall Street turned to custom AI chips ahead of earnings, as noted in a separate update. These observations add context to current market reactions around geopolitical tensions and economic data.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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