Dow drops 239 points, S&P and Nasdaq weaken amid $100+ oil and fresh Gulf strikes; quadruple witching adds volatility
Markets
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MARKETSWorld Markets
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Stoxx 600 erases early gains amid energy shock fears; UK gilt yields hit 17-year highs
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Futures & Commodities
Europe and Japan Pledge Action to Secure Strait of Hormuz, Stabilize Soaring Energy Prices
by Daphne Dougnby Daphne DougnMajor economies step up as Iran war escalates with strikes on key LNG and oil facilities, pushing Brent to $113
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Christine Lagarde walks back optimism; medium-term forecasts revised upward amid energy shock
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Futures & CommoditiesMARKETSWorld Markets
U.S. Stocks Slide as Oil Surges to $112 on Iran-Qatar Energy Escalation
by Dean Dougnby Dean DougnDow drops 432 points, S&P breaches 200-day average amid stagflation fears and stalled Hormuz reopening
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Stoxx 600 sinks amid gold/silver sell-off and inflation fears; Equinor surges 8% on earnings and Arctic find
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BUSINESSMARKETS
Fed Holds Rates, Warns Iran War Adds ‘Uncertain’ Inflation Risks
by Dean Dougnby Dean DougnPowell signals caution as oil-driven price pressures complicate rate-cut outlook for 2026 and beyond.
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BUSINESS
Gold Slides 2% as Oil Shock Revives ‘Higher-for-Longer’ Fed Fears
by Daphne Dougnby Daphne DougnBullion hits one-month low as surging energy prices raise inflation risks and dampen rate-cut hopes.
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60-day waiver aims to stabilize fuel supply as Middle East conflict sends crude prices surging.
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MARKETSWorld Markets
Dow Drops 300 Points as Inflation Surprise Rattles Markets
by Dean Dougnby Dean DougnHot producer price data and surging oil prices heighten stagflation fears ahead of the Fed’s next rate decision.