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Last updated: July 4, 2026, 2:30 PM ET

Geopolitical Tensions & Market Impact

Russian President Vladimir Putin signed tax amendments aimed at boosting domestic fuel supply, a move that follows his recent denunciation of Ukraine's battlefield efforts as "imaginary achievements" signed tax amendments. Meanwhile, global markets are closely watching the commemoration of Iran's late Supreme Leader, Ayatollah Ali Khamenei, who died during the ongoing U.S.-Israeli conflict with the country mourning Khamenei. These geopolitical developments continue to create a volatile environment for investors, as evidenced by a quarter that saw stock funds rally 17.1% amidst fluctuating market sentiment and significant events stock funds rallied.