Middle East Tensions Erase Vanguard Total Stock Market ETF Gains
The Vanguard Total Stock Market ETF slipped 0.22% at Thursday's open. This pullback follows a strong 2.54% gain in the previous session. The decline was driven by renewed uncertainty in the Middle East after Israel launched strikes on Hezbollah targets. These strikes cast doubt on a fragile U.S.-Iran ceasefire and weakened investor confidence. Broad-market ETFs responded with a caution that erased some of the recent gains.
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