US stocks fell, with investors on edge as Israel and Iran continued to trade strikes against a backdrop of shifting US trade policy and stubborn interest rates.

Investors surveyed by BofA see a global recession triggered by the trade war as the largest tail risk to markets for the third month in a row.

In this segment especially, Apple Pay has emerged as a serious threat. Through their massive ecosystem with millions of Apple products, the company was able to seamlessly integrate their Apple Pay and ...