Trump’s Renewed Iran Warning Risks More Volatility, Analysts Say

Stocks fell and the dollar rose as markets stayed jittery after President Donald Trump warned the US would hit Iran “extremely hard” within two to three weeks, disappointing traders who had hoped for clearer signs of an end to the war.

US futures slid while a gauge of Asia Pacific shares extended losses to as much as 1.7% shortly after Trump’s speech commenced. Across the region, Korean and Japanese stocks led the complex lower.

Meanwhile, a Bloomberg Dollar gauge rose as much as 0.3%. Traders had earlier said hedge funds bought dollar put options on Wednesday ahead of the speech, ...