Equity Markets Could Fall Further Amid Middle East Crisis -- Market Talk
Dow Jones03-02
0803 GMT - Jefferies sees scope for equity markets to drop further in the coming days, global economist Mohit Kumar says in a note. Jefferies lowered its risk profile early last week on the assumption that the market was too complacent around geopolitical risks, and it is now not making any changes to its portfolio. "We are still happy to remain in the low-risk mode and keeping our powder dry," Kumar says. Jefferies will be looking to buy the dip at some point, "but that some point seems far for now," he says. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
March 02, 2026 03:03 ET (08:03 GMT)
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