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How war moves money.

Every day, in 2 minutes: what happened in the world's two hot wars — and what the betting markets and the stock market did about it. Auto-written from live wires and live prices. No opinions, no doomscrolling.

You're reading the Friday, September 25, 2026 issue — jump to today's.

Friday, September 25, 2026

Russia–Ukraine

Danish intelligence warns Russia could attack a NATO country within months.

The start of Russian Arctic oil exports and mixed diplomatic signals could keep energy markets volatile and sustain a geopolitical risk premium.

What the bettors say

The lineYesvs yesterday
Russia x Ukraine ceasefire agreement by December 31, 2026? 22.5% —
Russia x Ukraine ceasefire by December 31, 2026? 13.5% ▼ -3.0
Will Zelenskyy and Putin speak? — Before Jan 20, 2029 39.0% ▼ -1.0
Russia-Ukraine peace talks by September 30, 2026? 5.8% ▲ +2.4
Trump, Putin, and Zelensky seen together before 2027? 6.5% ▼ -1.0

Middle East — Israel · Hezbollah · Iran

Middle East — Israel · Hezbollah · Iran: wire summary unavailable today.

What the bettors say

The lineYesvs yesterday
US-Iran nuclear deal? — Before Jan 20, 2029 37.0% ▲ +4.0
Israel x Iran ceasefire continues through September 30? 95.4% ▼ -0.5
Will Donald Trump visit Iran? — Before Jan 1, 2027 3.0% —
Israel x Iran ceasefire continues through October 31? 84.5% ▲ +0.5
Israel x Iran ceasefire continues through December 31? 69.5% —

War on the tape

Real prices, close of last session.

SPY · S&P 500
$767.29
-0.08% today · +0.61% / 5d
The whole US market — does the war move it at all?
ITA · Defense ETF
$212.59
-0.62% today · -0.57% / 5d
Basket of US defense contractors.
LMT · Lockheed
$523.85
-0.17% today · -2.62% / 5d
Missiles, F-35s, air defense.
RTX · RTX
$188.62
-1.89% today · -2.52% / 5d
Patriot batteries and interceptors.
GLD · Gold
$391.65
-0.26% today · -1.69% / 5d
The classic fear trade.
USO · Oil
$153.14
+2.89% today · -1.44% / 5d
Supply risk — Hormuz, Russian crude.
WEAT · Wheat
$25.57
-0.58% today · -2.59% / 5d
Black Sea grain corridors.
Think the bettors have one of these lines wrong? Call it on StakeDojo → Free play-money, real odds, public record.

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