war ·

Trump Says US Won't Attack Iran Before November Midterm Elections

Trump said the US will not attack Iran before the November midterm elections.

What happened

Trump said the United States will not attack Iran before the November midterm elections, according to Reuters.

What it means for the Nasdaq and TQQQ

This can shape risk appetite around the US midterm elections. If investors see lower geopolitical risk from a US attack on Iran, that can support demand for Nasdaq-100 stocks. TQQQ, which seeks about 3x the daily Nasdaq-100 return, tends to magnify those moves.

Originally reported by Reuters. Written up by Quant Paradise from the report's headline; see the original outlet for full details.

Related

Education, not investment advice.