Economic TimesLean R·
Global Market Today: Oil jumps on renewed Middle East tension, US stock futures dip
Crude oil prices surged and US equity futures declined following renewed Middle East conflict. American crude oil jumped nearly five percent, topping eighty-three dollars a barrel. Treasury futures also moved lower, and the dollar strengthened against major currencies. Technology shares remained under pressure as investors questioned artificial intelligence spending returns. Markets await the Federal Reserve policy decision and significant corporate earnings reports.
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