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Latest financial news from across the markets

Daily Market Overview

Markets are reacting to rising tensions in the Middle East, particularly the ongoing conflict involving Iran, which has led to a surge in oil prices and increased volatility across various sectors. Airline stocks have taken a hit due to flight disruptions, while energy companies like Chevron are seeing gains as investors flock to U.S. energy stocks. In tech, Nvidia received an upgrade amidst a broader selloff in the software sector, and OpenAI's CEO faced backlash over a defense deal that was deemed poorly communicated. Meanwhile, mortgage rates have jumped sharply due to the conflict, reversing a recent decline.

Latest Market Updates

Iran war live updates: U.S. embassy in Riyadh hit by drones, Trump promises response 'soon'

Iran war live updates: U.S. embassy in Riyadh hit by drones, Trump promises response 'soon'

less than a minute ago

Amazon says drone strikes damaged 3 facilities in UAE and Bahrain

Amazon says drone strikes damaged 3 facilities in UAE and Bahrain

less than a minute ago

Markets digest U.S.-Iran war as conflict spreads

Markets digest U.S.-Iran war as conflict spreads

less than a minute ago

South Korea defense stocks soar with heavyweight Hanwha Aerospace surging 20%

South Korea defense stocks soar with heavyweight Hanwha Aerospace surging 20%

less than a minute ago

Jim Cramer explains why stock market shrugged off Iran, bad headlines

Jim Cramer explains why stock market shrugged off Iran, bad headlines

less than a minute ago

Tuesday's stock stories: What’s likely to move the market in the next session

Tuesday's stock stories: What’s likely to move the market in the next session

less than a minute ago

South Korea's Kospi sees worst day in 19 months amid broader decline in Asia markets

South Korea's Kospi sees worst day in 19 months amid broader decline in Asia markets

less than a minute ago