European stocks are the losers in the Iran war fallout

Why it matters: European investors see a 2% portfolio dip on Tuesday, while US equities stay modestly positive.
- European Stoxx 600 fell roughly 2% on Tuesday, lagging global peers as Iran‑war risk weighs on the region.
- US S&P 500 edged up ~0.4% on solid earnings and steady macro data, showing relative immunity.
- Bitcoin surged toward an $88,000 target, with traders viewing Iran tension as a catalyst for risk‑on sentiment.
- Investors expressed gloom over inflation and risk appetite ahead of Saturday’s Iran talks, per MarketWatch.
- White House staff warned of heightened insider‑trading concerns as Iran escalates, according to ZeroHedge.
- US inflation rose to a two‑year high, reflecting broader economic ripple effects of the conflict (Financial Times).
European equities tumble about 2% as the Iran war’s risk premium hits the region, while U.S. markets stay modestly positive thanks to strong earnings and resilient macro data. Meanwhile, Bitcoin rallies toward an $88k target and investors brace for inflation‑driven food‑price pressure ahead of Iran talks.

