New York Stocks Close Lower on Concerns over Middle East escalation... International Oil Prices Near $100

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Global unrest is pushing stocks down. Both the AEX and AMX are lower, as are most European exchanges. High oil prices are helping Shell achieve a share price gain of around 1 percent. Randstad is doing well, while defense companies CSG and Theon are down more than 2 percent. It promises to be a calm day.

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The New York stock market fell as international oil prices rose due to escalating armed conflict in the Middle East. Caution ahead of the release of the U.S. August Consumer Price Index dominated the market amid concerns of reignited inflation. Meanwhile, semiconductor stocks showed an upward trend, while copper prices hit a record high on expectations of tariff imposition, presenting a contrasting picture.

Reformatorisch Dagblad

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The AEX index on the Damrak started cautiously on Tuesday. The chip companies ASMI, Besi and ASML fell after strong price gains the day before. Oil prices also rose further due to the escalating violence in the Middle East. Investors are also looking forward to the reopening on Wall Street after the long weekend in the United States, and the European Central Bank (ECB) interest rate decision later this week.

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AMSTERDAM (ANP) - The AEX index on the Damrak started cautiously on Tuesday. The chip companies ASMI, Besi and ASML fell after strong price gains the day before. Oil prices also rose further due to the escalating violence in the Middle East. Investors are also looking forward to the reopening...