Stocks reverse losses, oil surges with focus on Middle East conflict: Stock market news today

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The prospect of a full-blown war in the Middle East added a dose of geopolitical risk to the interest rate and inflation concerns already facing markets.

Stocks reversed losses Monday, even as the Middle East conflict added a dose of geopolitical risk to the interest rate and inflation concerns already facing markets.Islamist militant group Hamas launched a large-scale attack on Israel on Saturday, prompting a declaration of war in response. That has rattled markets, as investors worry that another full-blown conflict could join the war already being waged between Russia and Ukraine.

"We clearly demonstrated our commitment to good faith bargaining by arriving at a tentative agreement that was endorsed by both the International UAW and the UAW Mack Truck Council,". Roy added that he was “surprised and disappointed” by the vote to reject the deal, which included a 19% pay hike, a $3,500 ratification bonus, increased retirement benefits, additional vacation time, and a decrease in time for wage progression to top pay.

FORT LAUDERDALE, Fla. — How much is Donald Trump's Mar-a-Lago worth? That's been a point of contention after a New York judge ruled that the former president exaggerated the Florida property's value when he said it's worth at least $420 million and perhaps $1.5 billion. Siding with New York's attorney general in a lawsuit accusing Trump of grossly overvaluing his assets, Judge Arthur Engoron found that Trump consistently exaggerated Mar-a-Lago's worth.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks tumble as Middle East conflict rattles markets: Stock market news todayThe prospect of a full-blown war in the Middle East added a dose of geopolitical risk to the interest-rate and inflation concerns already facing markets.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Oil prices climb, stocks slip as violence in Middle East rattles marketsNEW YORK (AP) — Oil prices are climbing, and stocks are slipping as violence in the Middle East injects more unease into financial markets worldwide. The S&P 500 was 0.
Source: SooToday - 🏆 8. / 85 Read more »

Stocks edge lower as Middle East conflict rattles markets: Stock market news todayThe prospect of a full-blown war in the Middle East added a dose of geopolitical risk to the interest rate and inflation concerns already facing markets.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Oil prices climb, stocks slip as violence in Middle East rattles marketsOil prices are climbing, and stocks are slipping as violence in the Middle East injects more unease into financial markets worldwide. The S&P 500 was 0.4% lower early Monday in its first trading since Hamas launched a surprise attack over the weekend against Israel, which then formally declared war.
Source: CTVNationalNews - 🏆 82. / 51 Read more »

US futures tumble as Middle East conflict rattles markets: Stock market news todayThe prospect of a full-blown war in the Middle East added a dose of geopolitical risk to the interest-rate and inflation concerns already facing markets.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Hedge funds sell energy stocks before Middle East conflict - GoldmanGlobal hedge fund managers were selling U.S. stocks sensitive to commodities at an accelerated pace in the week ending October 6, according to a Goldman...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »