Growth and momentum stocks retreated on Thursday after a brief two-day rebound, as traders remained cautious amid ongoing geopolitical tensions linked to the war in Iran.
- Growth and momentum stocks retreated after a two-day rebound.
- The S&P 500 (^GSPC) saw a slight decline amid geopolitical tensions.
- The CBOE Volatility Index (^VIX) remained elevated, indicating risk-off sentiment.
- Financials, including XLF, were under pressure.
- Energy stocks showed resilience due to supply concerns.
- Investors are monitoring the potential economic impact of the Iran war.
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