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‘Freak out’ indicator soars to record with war sparking trader anxiety

Apr 07, 2026 20:16 UTC

(Bloomberg) -- Investors wary of being wrong-footed by twists and turns in the Iran war are trading stocks at a record pace, one market measure shows.

  • (Bloomberg) -- Investors wary of being wrong-footed by twists and turns in the Iran war are trading stocks at a record pace, one market measure shows
  • With investors hanging on every development in the Middle East and the often unpredictable missives of President Donald Trump, gauges of trading volume have spiked
  • One such metric, the daily turnover in the State Street SPDR S&P 500 ETF Trust, has breached $60 billion — a level seen as a “freak out” indicator by Bloomberg Intelligence strategists

(Bloomberg) -- Investors wary of being wrong-footed by twists and turns in the Iran war are trading stocks at a record pace, one market measure shows. With investors hanging on every development in the Middle East and the often unpredictable missives of President Donald Trump, gauges of trading volume have spiked. One such metric, the daily turnover in the State Street SPDR S&P 500 ETF Trust, has breached $60 billion — a level seen as a “freak out” indicator by Bloomberg Intelligence strategists

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