Iran, Israel and stocks
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As Israel and Iran exchanged more attacks, stock markets mostly rose even as worries remained about possible oil supply interruptions.
US stock futures fell with investors on edge as Israel and Iran continued to trade strikes against a backdrop of shifting US trade policy and stubborn interest rates.
Gift Nifty was trading around 24,970 level, a discount of nearly 26 points from the Nifty futures’ previous close, indicating a weak start for the Indian stock market indices.
Dow, S&P 500 and Nasdaq set for opening gains after Friday's 770-point blue-chip fall; Oil extends gain as gold slips. Follow along to the action on Monday aft
Paint manufacturers such as Asian Paints, Berger Paints, and Kansai Nerolac source around 50% of their raw materials from crude-based derivatives like resins and solvents. These input costs are highly sensitive to crude fluctuations.
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On TheStreet Pro Stephen Guilfoyle offers a helpful summary of what's happening in the Middle East in today's Daily Market Recon. He tells us that the Israelis "launched a series of highly calculated,
Gift Nifty was trading 51.60 points, or 0.21 per cent, higher at 24,779. Asian markets were largely mixed, with Japan's Nikkei and Korea's Kospi rising 0.74 per cent and 0.29 per cent, respectively.
Iran launched a wave of missiles just hours after Israel said it was striking missile sites in central Iran. Israel says it hit Quds Force command centers.