The Iran conflict breaks through portfolio defenses, causing turmoil on Wall Street.

```htmlJinse Finance reported that on March 30, the market downturn triggered by the Iran war is evolving into a full-scale crash on Wall Street. Efforts from various parties to broker a ceasefire and restore oil supply from the Middle East ultimately only led to further escalation of the situation, intensifying market panic. The Nasdaq 100 Index plunged 1.9% in a single day on Friday, entering correction territory; the S&P 500 Index closed lower for the fifth consecutive week, setting its longest losing streak since 2022; bond prices fell, pushing the benchmark 30-year US Treasury yield close to 5%; Bitcoin's price also dropped to nearly half of its pre-war peak.```