Risk-off assets surge as markets react to conflict in Iran

Mass geopolitical events like the US and Israel's air strike campaign against Iran that killed Supreme Leader Ali Khamenei, and stoked intense retaliation, often trigger quick movements out of equities and into flight-to-safety assets. When futures markets reopened for trading at 6 p.m. ET on Sunday, investors surged into risk-off repricing. Futures on the US equities markets plunged through Sunday night into Monday morning, as contracts on the S&P 500 (ES=F) and the Dow Jones Industrial Average (YM=F) ...