Stocks are positive as traders view Iran missile attacks as a limited response
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 23, 2025.
Brendan McDermid | Reuters
Stock indexes are positive so far this afternoon despite the Iranian attacks on U.S. bases, as investors view the missile fire as a relatively limited response to the U.S. bombing of Iran’s nuclear facilities.
The alternative, and a much more costly scenario for traders, would have been if Iran had targeted oil tankers in the Strait of Hormuz, for example, or Gulf state oil production sites.
Oil prices also fell this afternoon after briefly jumping, moved lower by the same working assumptions about Iran’s retaliation.
— Christina Wilkie
Trump meeting with his national security team in Situation Room
President Donald Trump in the situation room on June 21st, 2025.
Source: The White House
Trump is meeting with his national security team this afternoon.
A White House official told NBC News the national security team was already meeting in the Situation Room when Iranian missiles were fired at U.S. military bases in Iraq and Qatar.
Trump is joined by Secretary of Defense Pete Hegseth, the Chairman of the Joint Chiefs of Staff Gen. Dan Caine and other top officials.
— Christina Wilkie
