Markets react to Iraq’s turmoil

Global Business

Investors also shrugged off Iraq’s turmoil as most them believe U.S. military involvement there will be limited.

Instead, Wall Street chose to focus on signs the tensions between Russia and Ukraine are finally easing. That’s after Russian troops ended military exercises near the Ukraine border.

Markets react to turmoil in Iraq

Investors also shrugged off Iraq's turmoil as most them believe U.S. military involvement there will be limited. Instead, Wall Street chose to focus on signs the tensions between Russia and Ukraine are finally easing. That's after Russian troops ended military exercises near the Ukraine border.

Some investors also said the recent pullback in stocks may have been quote ‘excessive’.

For more on the reaction by the markets, CCTV America spoke to David Nelson, CFA, Belpointe Chief Strategist.