After gaining as much as 0.65% on Monday, the Nasdaq 100 (NDX) has erased all of its gains and is now trading in the red as Iran begins to retaliate against the U.S. Over the weekend, the U.S. targeted three nuclear sites in Iran, including Fordow, its main nuclear enrichment facility.
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Iran has launched 10 missiles at a U.S. base in Qatar, said an Israeli official. Witnesses in Qatar have informed Reuters of explosion noises over Doha, the capital of the country. There are also unconfirmed reports that Iran has fired missiles at U.S. military locations in Iraq, with a “maximum alert” warning at the Al-Asad Air Base currently active.
White House Issues Response to Iran Attack
The White House and the Department of Defense are aware of Iran’s attacks on U.S. bases and will closely monitor the situation, said a senior White House official. President Trump has not yet provided a statement to the public.
The Nasdaq 100 is down by 0.05% at the time of writing.
