Stock Markets Plummet, Oil Surges Amid Middle East Tensions
Sydney News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Stock markets plummeted today due to Middle East tensions, with the S&P 500 and Dow Jones Industrial Average dropping significantly. Oil prices surged, pushing up the ten-year Treasury yield and mortgage rates. Tech giants Meta Platforms and Alphabet fell following a court ruling, while energy firms like ConocoPhillips and Chevron rose. Global markets also slid, with investors now eyeing any de-escalation in the region for relief.
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