Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks were lower but well off Tuesday’s worst levels as the market grappled with a constant stream of headlines about the Iran war and a continued…
President Donald Trump says combat will continue in Iran until U.S. “objectives” are complete. Those objectives and the justification for the war have remained fluid more than 48 hours into the conflict. Trump and his proxies have not been aligned on their narrative, leading to confusion about how Trump and his advisors are defining the…
A Cheongung missile launcher is displayed during the Seoul International Aerospace and Defense Exhibition (ADEX 2025) at Seoul Air Base in Seongnam, Gyeonggi Province, South Korea, on October 17, 2025. Nurphoto | Nurphoto | Getty Images South Korean defense stocks saw massive gains on Tuesday after the country’s markets returned from a public holiday, as…
Prediction markets are facing renewed scrutiny from federal lawmakers after wagers about the fate of Iranian leader Ayatollah Ali Khamenei, who was killed in the Saturday bombardment of Iran. “It’s insane this is legal,” said Sen. Chris Murphy, D-Conn., in a post to X, referring to another post highlighting people who had made money on…
People visit a Lockheed Martin booth displaying a model of a military transport plane during an arms fair, in Hanoi, Vietnam, on Dec. 19, 2024. Khanh Vu | Reuters Global defense stocks jumped early Monday as investors reacted to a dramatic military escalation in the Middle East over the weekend. The sector was a rare…
Mirsad Sarajlic | Istock | Getty Images Iran is facing a severe internet blackout impacting its population of over 90 million as the country’s conflict with the U.S. and Israel continues. The country has now spent over 48 hours in a near-total internet blackout, according to data from independent internet watchdog NetBlocks posted at 2:35…
FILE PHOTO: Iran’s Supreme Leader Ayatollah Ali Khamenei waves during a meeting with students in Tehran, Iran, November 2, 2024. Office Of The Iranian Supreme Leader | Via Reuters Ayatollah Ali Khamenei’s death following joint U.S.-Israeli airstrikes has thrust Iran’s leadership into the urgent process of selecting a new supreme leader. Under Iran’s constitution, the…
People protest against the US and Israeli strikes on Iran, ICE immigration raids, and in support of Palestinians during a demonstration outside the Westwood Federal Building in the Westwood neighborhood of Los Angeles on June 22, 2025. Iran on Sunday threatened US bases in the Middle East after massive air strikes that Washington said had…
The biggest disruption to global air transport since the Covid pandemic continued on March 1, with thousands of flights affected and busy Middle Eastern hubs including Dubai and Doha shuttered as Iran lashed out after U.S.-Israeli strikes. Justin Tallis | Afp | Getty Images Airline stocks led losses in Asia on Monday as Middle East…
Thick plumes of smoke rise over the residential areas of the Iranian capital following airstrikes amid ongoing U.S.â”Israel attacks as multiple explosions are heard across the city in Tehran, Iran on March 01, 2026. Fatemeh Bahrami/ | Anadolu | Getty Images We hear it all the time on CNBC — markets hate uncertainty, and the…
