Iran Strike Shakes Markets, Nepal Tragedy Deepens, and $40K Vanishes From Your House

Wall Street stumbled into the new week after US forces struck Iranian rocket launchers on the Strait of Hormuz on Sunday — the first military action in a month. Brent crude jumped 2.8% to $US90.59 per barrel, the S&P 500 fell 0.5%, and the Dow dropped 333 points. ASX futures are pointing to a 31-point (0.3%) slide at today's open, after the local market already shed 0.2% on Monday. US 10-year bond yields pushed above 4.75%,...