Stocks are having a good war but the dollar is not
Briefly

Despite ongoing conflict between Israel and Iran and a moderate rise in oil prices, asset markets are displaying resilience. Stocks have shown stability, with the S&P 500 fluctuating slightly in early trading, as positive sentiment has returned among institutional investors. Bank of America's survey indicates an optimistic view akin to the pre-Liberation Day period. However, the U.S. dollar remains weak, reflecting the lowest enthusiasm among investors in decades, with a nearly 10% decline in its value this year.
Investors are showing a relaxed attitude towards the ongoing Israel-Iran conflict, leading to steady market performance despite rising oil prices.
Bank of America highlights a notable recovery in investor sentiment, signaling a pre-Liberation Day 'Goldilocks bull' atmosphere as recession worries subside.
Read at Fortune
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