Haven-First Strategy
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Wall Street turns to ‘haven-first’ strategy amid Iran crisis
Yahoo Finance· 2026-03-01 09:58
Anxiety over the looming military action had started to filter into markets on Friday. Brent crude closed at the highest price since July, while the S&P 500 lost 0.4% on the day, capping its biggest monthly loss since March.Saudi Arabia’s Tadawul All Share Index opened almost 5% lower before paring most of that decline in Sunday trading. Meanwhile, Bitcoin recovered and was trading around $68,000. Put options on the cryptocurrency worth $1.87 billion were concentrated at the $60,000 level on Deribit, signal ...