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Latest financial news from across the markets

Daily Market Overview

Markets are reacting sharply to escalating tensions from the ongoing U.S.-Iran conflict, with Dow futures dropping 800 points amid fears of prolonged instability. Energy stocks, particularly Chevron, are seeing significant gains as oil prices surge, while airline stocks are struggling due to concerns over rising fuel costs and travel disruptions. In the tech sector, a Swiss sneaker maker's stock fell 11% despite record sales, reflecting broader investor caution. Additionally, gold prices have jumped as investors seek safe havens amidst the turmoil.

Latest Market Updates

Oil supertanker rates soar as insurers drop war risk protection in Middle East

Oil supertanker rates soar as insurers drop war risk protection in Middle East

less than a minute ago

Swiss sneaker maker falls 11% after record sales, as guidance falls short of expectations

Swiss sneaker maker falls 11% after record sales, as guidance falls short of expectations

less than a minute ago

European stocks fall 3% as Middle East conflict intensifies

European stocks fall 3% as Middle East conflict intensifies

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

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