U.S. stocks are faring worse than during past geopolitical shocks — and there’s plenty of room for them to fall further - marketwatch.com

U.S. equities have fallen more sharply since the Iran conflict began than in prior geopolitical shocks: the S&P 500 is down 7.4%, versus a median 6.1% decline in earlier episodes, and analysts warn there is room for further losses. The deeper-than-usual drop reflects fragile investor sentiment, oil-driven inflation concerns and systematic selling that have pushed indexes into correction territory. That broader context helps explain recent volatile futures swings, options-market stress and renewed warnings from strategists about a possible larger sell-off.