US Stocks Climb Toward Records as Markets Unclench
Markets around the world initially reeled early Wednesday after Iran fired missiles at two military bases in Iraq that house U.S. troops.
Markets
Oil Prices Surge, Stocks Slip After US Kills Iranian General
Defense contractors are also notching gains.
Markets Right Now: Stocks Sink as Trade War Escalates
Apple is down 4.4% while Caterpillar is off by 4%.
World Economy Forecast to Slow in 2019 Amid Trade Tensions
As the debts roll over, those borrowers have to refinance at higher rates.