Tue

Markets Recover After Iran Strikes as Polymarket Faces $529M Probe

USA stock indexes like the S&P 500 recovered from early losses on Monday as Jim Cramer cited USA energy independence for preventing economic panic after strikes on Iran.The platform Polymarket faces a probe over $529M in alleged insider trading while Donald Trump Jr. serves on its advisory board.While Northrop Grumman and defense stocks surged, Brent crude oil rose 7% as Senator Chris Murphy called for new oversight.The DOJ is being urged to investigate the betting activity after a user won $515,000 just 71 minutes before the strikes were made public.
Published:Tuesday
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