Nasdaq Recovers Early Losses Following Iranian Attack as Traders Assess Escalation

The Nasdaq Composite index staged a recovery to trade in positive territory after an initial sell-off triggered by an Iranian attack. Market participants are currently evaluating the scale of the military response and its potential long-term implications for geopolitical stability. Despite the immediate risk-off sentiment typical of such events, the quick rebound suggests a 'buy the dip' mentality or a perception of contained escalation. Analysts note that markets often react sharply to geopolitical shocks before stabilizing as the scope of the conflict becomes clearer to participants. While the tech-heavy index showed resilience, volatility remains elevated across major asset classes including XAU/USD and Crude Oil. The situation remains fluid as global traders remain on high alert for further developments in the Middle East.