Stock markets slump amid Iran war as gas prices jump 30% to three-year high
Source: US news | The Guardian · Bias: Center Left
Summary
FTSE 100 on track for its worst day in 11 months, while Japan’s Nikkei and South Korea’s Kospi also fallBusiness live – latest updatesMiddle East crisis – live updatesThe war in the Middle East has plunged financial markets around the world into turmoil for a second day, with oil and gas prices surging and share indices plummeting days after the US-Israel attack on Iran.After a calm Monday, US stocks fell sharply after trading opened on Tuesday, with the Dow dropping more than 2% before paring back those losses. At Tuesday’s closing, the Dow had dropped 400 points, or 0.8%, while S&P and Nasdaq saw similar dips. Continue reading...
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