BloombergLean L·
Stocks Drop, Oil Rises on Iran Report; TSMC, Samsung Disappoints Investors
US equity futures drop and oil rises after a report that the White House asked the Pentagon to draw up strike options against Iran that could be executed before the midterm elections. Samsung posts a nearly nine-fold rise in quarterly operating profit, while TSMC’s sales jump 51%, but the results fail to impress investors. Cayla Seder of State Street discusses the shift in investor behavior. (Source: Bloomberg)
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