Arsenal's turbulent week ended with them surrendering another lead as Wolves fought back to claim a merited Premier League point at the Emirates.
Wolves, who are now unbeaten in their past eight matches in the capital, dominated for long periods but fell behind as Pierre-Emerick Aubameyang was left unmarked from Alexandre Lacazette's pass to steer home his 50th goal for Arsenal.
However, that was a rare blip for Nuno Espirito Santo's side who repeatedly carved the hosts open.
And they got their reward when Raul Jimenez headed Joao Moutinho's hooked cross past Bernd Leno into the bottom right corner.
It ensured Wolves, who are up to 11th, stretched their unbeaten run to six games, while Arsenal remain in fifth.