STOCKS | U.S. Stock Market Faces Potential Downturn Amid Middle East Conflict

The ongoing conflict in the Middle East has contributed to a decline in the U.S. stock market, which fell below the support level established on December 17 last year for two consecutive days at the end of last week. According to Ming Pao, the U.S. stock market has been forming a large rounded top since September of last year, spanning over six months. This situation suggests that a long-anticipated perfect storm may be nearing its culmination, prompting investors to prepare for potential market volatility.