MIDEAST STOCKS Major Gulf bourses in the red, Abu Dhabi index below record peak

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Major stock markets in the Gulf fell in early trade on Sunday in response to Friday's slide on Wall Street, with the Abu Dhabi index easing from the previous session's record highs.

U.S. main stock indexes finished lower on Friday after data showing persistent U.S. inflation dampened optimism about an easing in U.S.-China tensions after a call between President Joe Biden and China's Xi Jinping.

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Stocks cannot be stocked for survival purposes. Finance is a ridiculous toxic bubble, a parasite worse than Covid. Sadly, only the scorched earth tactic may work against capitalists destroying our climate and nature with oil and gas.

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