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Goldman CEO says markets may take a ‘couple of weeks’ to digest Iran war impact

SYDNEY, March 4 (Reuters) – Goldman Sachs CEO David Solomon said on Wednesday that he was surprised at the “benign” reaction ​in financial markets over the conflict in the Middle East, and it may take a “couple of weeks” for investors to ‌more fully digest the impacts. “I look at the market reaction, and I’m actually surprised that the market reaction has been more benign given the magnitude of this as you might think,” Solomon said in a speech at a business summit in Sydney. The Week in Breakingviews newsletter offers insights and ideas from Reuters’ global financial commentary team.

6 US soldiers were killed in Iranian drone strike on operations center at Kuwait civilian port

WASHINGTON, March 4, 2026 (AP) — An operations center targeted by an Iranian drone strike that killed six American soldiers on Sunday was located in the heart of a civilian port in Kuwait, miles away from the main Army base, according to satellite images and a U.S. official. The husband of one of the slain soldiers, who was part of a supply and logistics unit based in Iowa, told The Associated Press on Tuesday that the hub was a shipping container-style building and had no defenses. The development, reported earlier by CNN and CBS News, raises questions about the safety

Sensex, Nifty tumble over 2 pc in early trade as West Asia crisis escalates

Mumbai, Mar 4 (PTI) Benchmark equity indices Sensex and Nifty tumbled in early trade on Wednesday, tracking a bearish trend in Asian markets, as the conflict in West Asia widened, driving oil prices higher. The 30-share BSE Sensex crashed 1,758.22 points or 2.19 per cent to 78,480.63 in early trade as the conflict continued to dent investors’ sentiment. The 50-share NSE Nifty tanked 530.85 points or 2.13 per cent to 24,334.85. From the Sensex pack, Larsen & Toubro, Tata Steel, InterGlobe Aviation, UltraTech Cement, Adani Ports and Mahindra & Mahindra were among the biggest laggards. Infosys, HCL Tech and Tata

Rupee slumps 69 paise to all-time low of 92.18 against US dollar in early trade

Mumbai, Mar 4 (PTI) Rupee slumped 69 paise to an all-time low of 92.18 against the US dollar in early trade on Wednesday, as a sharp spike in crude oil prices amid geopolitical tensions following the escalation of the US–Iran conflict weighed on investor sentiment. Forex traders said the domestic currency is under severe pressure due to a sharp spike in crude oil prices, with Brent Crude crossing the USD 82 per barrel level in futures trade in the wake of the Iran crisis, which dented investor sentiments. At the interbank foreign exchange market, the rupee opened at 92.05, then

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