Published on March 02, 2026

Special Market Update - Iranian Strike

03-02-2026. The U.S. and Israel launched a coordinated strike on Iran early Saturday after stalled negotiations, targeting IRGC leadership, remaining nuclear capabilities, and ballistic missiles, with markets largely steady as the attack had been widely anticipated.

Written by Dan Phillips, CFA®

Special Market Update - Iranian Strike

The U.S. and Israel initiated a joint-strike on Iran Saturday AM local time, after negotiations were deemed to be going nowhere - with key mission priorities including the elimination of Iranian/IRGC leadership, the eradication of any remaining remnants of the Iranian nuclear program (after last summer’s Operation Midnight Hammer operation) and the destruction of Iranian ballistic missile stockpiles. So far, market reaction has been tempered by the mission's success thus far and the anticipation of imminent attack priced in over the past couple weeks - with interest rates fairly flat and U.S. equity markets showing a small decline while international markets are showing weakness.

Click to read: Special Market Report - Iranian Strike