President Donald Trump has signaled that the US-Iran ceasefire is on “massive life support,” rejecting Iran’s latest peace offer as “a piece of garbage.” Global stock markets have reacted sharply, with India’s Sensex index plummeting over 2,000 points in two days as oil prices surged. While the US stock market remained rangebound, analysts warn that a renewed military conflict could send global equities tumbling.
President Donald Trump has stated that the US-Iran ceasefire is on life support and has not ruled out resuming military action. His remarks have introduced significant uncertainty into global financial markets, which had been relatively stable in April.
India’s Sensex index fell 1,200 points on Monday and crashed another 800 points on Tuesday. The two-day loss of over 2,000 points brought the index to 75,200, while Hong Kong’s Hang Seng also declined as oil prices surged. Trump dismissed Iran’s peace proposal to reporters, calling it “a piece of garbage.”
He stated he “didn’t even finish reading it,” but stressed the US is not under pressure. “There’s no pressure at all,” Trump said. “We’re going to have a complete victory.”
The US stock market remained rangebound on Monday, with major indices experiencing only a brief surge. Tuesday’s trading session faced potential pressure as geopolitical tensions escalated between the nations.
Traders are advised to avoid new entry positions this week due to the heightened risk. A renewed conflict could send prices tumbling, erasing recent gains in leading equities.
If military action is avoided, tensions are likely to keep markets rangebound. Analysts suggest holding cash to wait for a potential downturn, as investing during fear-driven dips can yield profits when normalcy returns.
