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Luxury stocks declined sharply after weak earnings from Hermès and Kering, as the Iran war weighed on Middle East demand and tourism.
Oil jumps over 10% after the U.S. orders a Strait of Hormuz blockade, raising fears of major supply disruptions.
Oil prices resumed gains after Iran accused the U.S. of violating a ceasefire agreement. Renewed tensions are fueling concerns over supply disruptions.
U.S. equities shed roughly $650 billion as investors react to an approaching Trump deadline. Rising oil prices and geopolitical uncertainty are weighing on markets.
U.S. stocks gain $1.5 trillion as easing Iran tensions trigger a sharp market rebound.
Oil prices fell sharply after President Donald Trump postponed potential U.S. strikes on Iran’s energy infrastructure. The delay eased fears of immediate supply disruptions in the Middle East.
The S&P 500 hits its lowest level of 2026, with $3.2 trillion erased since the Iran conflict escalated.
Oil prices surged toward $120 per barrel as the conflict involving Iran intensified fears of supply disruptions through the Strait of Hormuz. Global equity markets fell sharply as energy costs spiked.
South Korean stocks surge more than 12% a day after a major selloff, potentially marking the exchange’s best session on record.
Asian markets tumbled amid rising geopolitical tensions and energy supply fears. South Korea’s KOSPI plunged more than 11%, while Thailand halted trading after an 8% intraday drop.
Nvidia and Amazon temporarily close Middle East offices as companies respond to rising regional tensions.
Global markets plunged as soaring energy prices tied to the Middle East conflict triggered widespread selling across equities, bonds, metals, and crypto. More than $4.7 trillion in value was erased within hours.
Roughly $1 trillion in market value evaporated from U.S. equities shortly after the opening bell as global markets extended losses tied to escalating Middle East tensions. Futures across the U.S., Europe, and Asia moved sharply lower.
Gold surged above $5,400 after reports of a drone strike on Saudi Aramco’s largest refinery, triggering a rush into safe-haven assets. Within an hour, however, both gold and silver sharply reversed as volatility intensified.
Pakistan halts trading after a 5% drop, while UAE markets close for two days amid rising geopolitical tensions.