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Geopolitics7 June 2026

US stocks remain resilient despite Iran war disrupting oil prices and inflation outlook

via Morningstar

U.S. equities held up despite the Iran conflict rattling oil markets and inflation expectations. Morningstar notes divergence between geopolitical risk and stock performance. Traders should watch for eventual correlation breakdown if oil shocks feed into CPI prints, forcing Fed policy reversal. Defensive sectors (utilities, consumer staples) may outperform cyclicals in prolonged conflict scenarios.

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Morningstar
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