Oil Prices Are Rising Again - What's Happening on the Stock Markets?
5 Articles
5 Articles
Reformatorisch Dagblad
welingelichtekringen.nlNew York stock exchanges started the new week cautiously on Tuesday. Investors took little risk after the long weekend in the United States and kept a close eye on oil prices. Oil had already risen on Monday following new mutual attacks by the United States and Iran last weekend. On Tuesday, oil prices rose further due to attacks by the Iran-backed Houthis on power plants and cities in Saudi Arabia, a US ally.
US stock markets were closed on Monday, so no guidance was forthcoming, while Asian stock markets and European futures indices are reflecting investor uncertainty. Oil prices are rising amid lingering tensions in the Middle East, which is weighing on sentiment. The most important data of the day from a domestic perspective is the inflation statistics released this morning: consumer prices rose by 1.3 percent in August compared to a year earlier,…
Asia-Pacific stock markets traded mixed following a surge in oil prices due to US-Iran tensions. Investors are concerned about inflation and the Fed's interest rate outlook.
The main European stock markets opened lower today, pressured by the rise in oil and on a day when Wall Street will start trading again, since it did not open its doors on Monday due to the Labor Day holiday.
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