Geopolitical Noise + Hot Oil – Risk-Off Dominates Day

[Chart courtesy of MarketWatch.com][Chart courtesy of MarketWatch.com]Moving the marketThe major indexes opened weak and stayed under pressure for most of the day, as oil prices kept climbing on fresh worries from the U.S.-Iran conflict.West Texas Intermediate crude swung between $93 and $100 a barrel, while Brent surged 3% to $111 after Iran struck a key LNG export facility in Qatar and Israel hit Iran’s South Pars gas field.Iran retaliated by targeting Qatari energy sites, and President Trump warned that ...