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Geopolitical Tensions Rattle Wall Street as Futures Slide on Trump’s Iran Warning

  Markets tumbled Thursday morning as renewed geopolitical uncertainty sent U.S. stock futures sharply lower, with investors reacting to President Trump’s latest remarks that the war with Iran is “not yet over.”   U.S. stock futures stumbled early Thursday after President Trump’s national address failed to signal a clear end to the ongoing U.S.–Israeli conflict with Iran. Futures tied to the Dow Jones Industrial Average dropped more than 600 points , while S&P 500 futures fell 1.5% and Nasdaq 100 futures slid 2% , reflecting heightened investor anxiety.  The market’s reaction was driven largely by Trump’s assertion that the conflict is not yet resolved, despite reports that Iran’s president has approached the U.S. about a potential ceasefire. Trump emphasized that any agreement would depend on reopening the Strait of Hormuz , a critical global energy chokepoint. He also warned that U.S. forces would “hit Iran hard” before any withdrawal in the coming weeks.  ...
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Tax-Loss Selling Targets: A Look at Some Table-Pounding Buys

 


With the end of the year nearing, many investors are looking for ways to minimize their tax bill by applying tax-loss harvesting, the technique of selling investments that have lost value in order to offset capital gains and lower an investor’s tax burden. 

Tax-loss harvesting can help investors reduce their taxable income, diversify their portfolio, and take advantage of market fluctuations. 

However, one of the risks and limitations to consider is the wash-sale rule, which prevents investors from claiming a loss on a sale of an investment if they buy a substantially identical investment within 30 days before or after the sale. This rule is designed to prevent investors from artificially creating losses for tax purposes. 

 There are also some other risks to consider, such as transaction costs, and opportunity costs.

Here are three attractive buying opportunities for companies whose shares have experience downward pressure this year: Canadian Tire Corp. Ltd., TC Energy Corp., and Toronto-Dominion Bank are three companies that have suffered lower share prices due to tax-loss selling and represent compelling buying opportunities.


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