US equity markets trimmed losses during Thursday’s session, with major indices showing signs of stabilization despite renewed geopolitical friction.
The three benchmark indices remained in negative territory after four hours of trading, but the pace of selling had slowed considerably compared to the session’s open.
6% by mid-morning in New York before the latest geopolitical developments weighed on sentiment.
Investors appeared to be digesting the latest round of military exchanges between the United States and Iran without resorting to panic selling, suggesting that the market’s initial shock has begun to subside.
The muted reaction follows a volatile period for US equities, which had previously staged recoveries from early declines.
On Wednesday, major indices found their footing after opening lower, finishing the session largely unchanged.
That stabilization was followed by a broader rally on Thursday morning, with the S&P 500 climbing 0.6% by mid-morning in New York before the latest geopolitical developments weighed on sentiment.