Analog events since 1990
39 geopolitical shocks and the +5-session move that followed. Yahoo Finance daily closes.
| DATE | EVENT | TYPE | OIL +5 | GOLD +5 | S&P +5 | TA-35 +5 | SRC |
|---|---|---|---|---|---|---|---|
| 2024-05-23 | PLA 'Joint Sword-2024A' drills | Taiwan drills | −0.05% | −2.09% | −1.35% | +1.55% | src |
| 2022-08-02 | Pelosi visits Taiwan; PLA encirclement drills | Taiwan drills | −3.38% | +0.98% | +0.52% | +2.41% | src |
| 2025-04-03 | 'Liberation Day' tariffs (first session after the Apr 2 post-close announcement) | Export controls/tariffs | −12.64% | −2.74% | −3.77% | −1.87% | src |
| 2023-10-17 | US tightens chip controls | Export controls/tariffs | +0.20% | +2.77% | −3.58% | −4.20% | src |
| 2022-10-07 | US advanced-chip export controls on China | Export controls/tariffs | +0.16% | −2.55% | −1.99% | +1.31% | src |
| 2019-05-15 | Huawei added to the Entity List | Export controls/tariffs | +1.32% | −1.75% | +1.06% | +1.76% | src |
| 2018-03-22 | Section 301 China tariffs announced | Export controls/tariffs | +0.09% | +0.27% | −3.94% | −3.18% | src |
| 2025-10-23 | US sanctions Rosneft and Lukoil (first session after the post-close announcement) | Sanctions | +3.72% | −1.59% | +2.85% | +2.97% | src |
| 2022-12-05 | G7 price cap on Russian oil | Sanctions | −11.07% | +0.06% | −3.37% | −2.08% | src |
| 2022-02-28 | SWIFT cut-off and freeze of Russian central-bank reserves | Sanctions | +20.61% | +4.19% | −1.27% | +0.44% | src |
| 2014-07-29 | EU/US sectoral sanctions on Russia | Sanctions | −2.01% | −1.20% | −2.02% | −0.50% | src |
| 2018-11-05 | US re-imposes Iran oil sanctions | Sanctions | −3.64% | −1.99% | +2.13% | +2.04% | src |
| 2018-05-08 | US exits the Iran nuclear deal | Sanctions | +2.70% | +0.33% | +2.15% | +1.16% | src |
| 2026-10-13 | Houthi strike hits Aramco HQ in Dhahran | Shipping/energy hit | +2.72% | −0.73% | −1.49% | +3.54% | src |
| 2026-07-20 | Houthis announce blockade of Saudi-linked ships | Shipping/energy hit | +9.85% | +1.29% | −0.61% | +0.52% | src |
| 2024-01-12 | US–UK strikes on the Houthis | Shipping/energy hit | +1.49% | +0.50% | +1.25% | −1.05% | src |
| 2023-12-18 | Carriers pause Red Sea transits | Shipping/energy hit | +3.29% | +1.64% | +0.75% | +2.18% | src |
| 2023-11-19 | Houthis seize the Galaxy Leader | Shipping/energy hit | −0.04% | +0.92% | +0.81% | +3.58% | src |
| 2019-09-14 | Drone/missile attack on Saudi Abqaiq | Shipping/energy hit | +6.74% | +1.10% | −0.51% | −0.46% | src |
| 2019-06-13 | Gulf of Oman tanker attacks | Shipping/energy hit | +3.08% | +0.95% | +1.62% | +2.17% | src |
| 2025-06-22 | US strikes Fordow, Natanz, Isfahan | Strike exchange | −12.00% | −2.90% | +3.44% | +4.39% | src |
| 2025-06-13 | Israel strikes Iran's nuclear and military sites | Strike exchange | +11.03% | −0.49% | −1.28% | +5.45% | src |
| 2024-10-26 | Israel's retaliatory strikes on Iran | Strike exchange | −3.88% | −0.20% | −1.37% | +2.43% | src |
| 2024-10-01 | Iran ballistic-missile barrage on Israel | Strike exchange | +12.76% | +0.25% | −1.15% | −1.42% | src |
| 2024-09-27 | Israel kills Hassan Nasrallah | Strike exchange | +8.41% | −0.58% | −0.79% | +0.84% | src |
| 2024-04-13 | Iran's first direct attack on Israel | Strike exchange | −3.49% | +1.67% | −3.05% | +0.25% | src |
| 2020-01-03 | US kills Qasem Soleimani | Strike exchange | −1.33% | +1.78% | +0.52% | −0.86% | src |
| 2018-04-14 | US/UK/France strikes on Syria | Strike exchange | +2.04% | −0.60% | +0.52% | −0.12% | src |
| 2017-04-07 | US missile strike on Syria's Shayrat airbase | Strike exchange | +1.82% | +2.85% | −1.21% | −0.51% | src |
| 2026-02-28 | US–Israel strikes on Iran begin a regional war | War outbreak | +27.88% | −1.70% | −2.02% | +2.39% | src |
| 2023-10-07 | Hamas attack on Israel | War outbreak | +7.46% | +5.22% | +0.45% | −7.55% | src |
| 2022-02-24 | Russia's full-scale invasion of Ukraine | War outbreak | +16.62% | +0.62% | +3.81% | −2.10% | src |
| 2014-02-27 | Russia seizes Crimea | War outbreak | −1.61% | +0.90% | +1.55% | +1.50% | src |
| 2008-08-08 | Russia–Georgia war | War outbreak | −3.55% | −7.18% | +2.12% | +1.39% | src |
| 2006-07-12 | Israel–Hezbollah war begins | War outbreak | −0.84% | −2.01% | −2.80% | −4.58% | src |
| 2003-03-20 | US-led invasion of Iraq | War outbreak | −4.18% | −1.73% | −0.47% | −1.31% | src |
| 2001-09-11 | 9/11 attacks (US markets reopen Sep 17) | War outbreak | −3.76% | +6.41% | −11.60% | −7.87% | src |
| 1991-01-17 | Desert Storm air campaign begins | War outbreak | n/a | n/a | +4.44% | n/a | src |
| 1990-08-02 | Iraq invades Kuwait | War outbreak | n/a | n/a | −4.83% | n/a | src |