100 days of the Iran war: How global markets and the economy have been affected, in charts

Sunday marks 100 days since the war in the Middle East began, and the conflict continues to drive substantial volatility across all asset classes in every region of the world as a lasting peace deal remains elusive. Negotiations between the U.S. and Iran have stagnated, with Washington and Tehran sending mixed messages on the state of peace talks and both sides periodically exchanging bouts of military attacks. Nevertheless, a fragile ceasefire remains in place to allow for diplomacy to take place. As the conflict drags on, pressure continues to mount on certain economies and pockets of financial markets. Wall Street bulls shrug off the war In the immediate aftermath of the U.S. and Israel's initial strikes against Iran, stocks across the globe sold off . While shares listed in some markets have struggled to regain momentum, Wall Street's major averages have wiped out initial losses as investors look through the war, higher oil prices and the impact of the conflict on inflation. The S&P 500 has hit new all-time highs even as the war continues. Iain Barnes, chief investment officer at Netwealth, said equity markets had been dominated by the assumption that the war will swing major energy-importing economies from a "benign disinflationary environment" into a stagflationary one. But optimism over AI's future disruptive power and a profitable backdrop for U.S. companies have also come into focus. …