Page 97 - Texas Intermediate News Today

Reports Israel had carried out retaliatory strikes against Iran rattled markets on Friday, with prices of oil, gold and equities seesawing during the trading session.

The growing tensions in the Middle East have wreaked havoc in the international markets, as the prolonged war between Israel and Palestine has impacted the prices of major commodities such as oil while disrupting international trade. The U.S. dollar remained strong despite the market turmoil, as evidenced by the Dollar Index's 3.4% gain over the last three months. The mounting inflationary pressures amid rising oil prices have caused the greenback to reach its highest level in four and a ha...

(Bloomberg) — US equity futures clawed back most of their early losses, while the bid for haven assets unraveled after Iranian media appeared to downplay the impact of Israeli strikes. Oil switched to a decline, wiping out an earlier sharp jump that took the price of Brent crude above $90 a barrel. Treasury yields retraced…

The geopolitical risk premium in oil prices had been unwinding this week on the perception that the US could ensure tensions were managed

Oil prices surged more than three percent in early Asian trade on Friday following unconfirmed reports of explosions in Iran, Syria and Iraq, sparking fears of an escalation of the Middle East crisis. West Texas Intermediate jumped 3.66 percent to $85.76 and Brent rose 3.44 percent to $90.11. The reports…

Super Micro Computer and other AI stocks fell sharply, while Paramount jumped on a potential buyout

(Bloomberg) — Stocks came under renewed pressure as big tech sold off, with traders also refraining from making riskier bets ahead of the weekend amid geopolitical uncertainties. Equities fell at end of a week that saw the S&P 500 dropping below 5,000 after a rally that sent the benchmark to all-time highs, spurring warnings for…

Oil slipped on Friday following an earlier price spike of more than $3 after Iran played down reported Israeli...

OIL prices jumped on Friday as reports that Israel had attacked Iran roiled markets and sparked concerns that Middle East oil supply could be disrupted.

The Thai stock market has finished lower in two straight sessions, tumbling more than 40 points or 3 percent in that span. The Stock Exchange of Thailand now sits just above the 1,365-point plateau although it may find traction on Thursday.