DBI Today: 49.1 (−0.7)
Donald Trump told reporters the ceasefire with Iran was "over," and hours later the US carried out a second night of strikes after Iran hit American positions in Bahrain and Kuwait. That's the story that set the tone for global business on Wednesday. The Daily Business Index — our daily 0-100 gauge of global business health, where 50 marks neutral — sits at 49.1, a modest dip from the day before. What's striking is how contained the damage was: oil jumped sharply and a brutal chip-stock rout deepened in Asia, yet US and European shares mostly held their nerve, suggesting markets have grown weary of crying wolf on this conflict.
See What's Moving The Index
Unlock the full Daily Index — what's moving the index, today's winners and losers, and what it means for your business. Plus much more. Join our Community for $3 a month. Cancel anytime.
Join The Community — $3/month