Categories: Politics

Nuclear Deal Sends Stocks Higher

_Gavroche_ , cc by 2.0

Iran’s decision to sign a nuclear, non-proliferation treaty with six of the world’s current nuclear powers put a smile on the face of Mr. Market, sending shares higher in early trading in Asia, Europe and the United States. Iran was forced into signing this agreement — after peace-loving nations imposed economic sanctions that were too onerous for Iranian government leaders to shrug off. The biggest reason for a positive market reaction worldwide is that this treaty begins to remove one of the world’s largest political uncertainties. And we all know how much investors like uncertainty: not at all.

Wayne Ellis

Wayne Ellis has been involved in the financial publishing industry for more than 15 years. During that time, he has helped to edit, to market and to launch products and services for Ernst & Young, LLC, Fidelity Investments, Agora, LLC, and Eagle Financial Publications. He currently puts his broad-based experience and industry expertise to use as a contributing writer for Eagle Financial Publications. He also is a graduate of Arizona State University.