Rep. Patrick McHenry, (R-N.C.), and Eric Cantor, Moelis & Co., vice chair, discuss the battle on Capitol Hill over the Iran nuclear deal.» Read More
Where there's international tension and headlines, there's sometimes fire...and sometimes not. Traders were quick to jump on rumors of an Iranian naval engagement just before 9 a.m. ET today. The rumor carried some pretty graphic details about a U.S. Navy ship being hit by an Iranian anti-ship missile in the Persian Gulf.