CNBC Daily Open: Washington's 'war of choice' extends past 100-day mark
The war was supposed to end in "four to five weeks" and not morph into an "endless" conflict, but its end date is becoming increasingly blurry.
TL;DR
- The Iran war has reached its 100-day mark with an uncertain end date.
- Mixed messaging and stalled peace talks are keeping investors on edge.
- Recent missile strikes by Iran on Israel and the closure of the Strait of Hormuz have rattled markets.
- Oil prices have climbed, and Asian markets have opened lower.
- Escalating Middle East tensions could impact consumer electronics prices due to resin supply issues.
- SK Hynix and Nvidia have announced a multi-year technology partnership.