US stock markets inched up on Monday, showing little immediate reaction to the ongoing Middle East conflict, including fresh US-led airstrikes on Iran over the weekend.Wall Street traded in green as Dow jumped 152.32 points or 0.36%, reaching 42,359.14. Nasdaq Composite surged to 19,518.46, gaining 71.05 points or 0.37%. S&P500, followed a similar suit, gaining 26.91 points of 0.45%, reaching 5,994.75 at 7:35 pm IST.America entered the Middle East conflict on Sunday as bombers targeted Iran’s guarded nuclear enrichment facilities on orders from President Donald Trump, aiming to dismantle Iran’s nuclear programme. The strike came as hostilities between Israel and Iran entered their 11th day, with Israel hitting targets in Tehran and Iran launching missiles in response.Despite the high-stakes developments, early trading showed minimal volatility.Market analysts say the relatively muted response reflects a belief that the conflict, while intense, has yet to spill over into a broader regional crisis.“There might be some unease in the market as a result of the US-led bombings, but there isn’t a fear of any meaningful economic fallout,” said Patrick O’Hare of Briefing.com.Beyond geopolitics, investors are gearing up for a busy week of economic updates, including key inflation data and earnings reports from FedEx and Nike. Eyes also remain on Capitol Hill, where lawmakers are expected to discuss President Trump’s sweeping fiscal and tax reform proposals.
