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Stocks slip, oil jumps as hospital blast fans Mideast fears: Stock market news today

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Middle East tensions are weighing on markets in morning trade on Wednesday.

Stocks opened lower Wednesday, as a tightening in Middle East tensions was reflected in a jump in oil prices and investors digestedRising fuel prices give investors another inflation factor to consider as they weigh the Federal Reserve's next move in interest rates.

Shares dropped by over 1% after a more than 4% decline on Tuesday, after the US said it would tighten curbs on chip exports to China. However, the), a lifeline in the hope it would help preserve the US chipmaking business. It was also reported on Wednesday that Foxconn will build a new kind of data center using Nvidia chips and software.

Many of us probably imagine an extravagant feast when picturing a royal dining table, but Kate Middleton has proved us wrong. Here's her go-to breakfast.TORONTO, Oct. 16, 2023 -- European Residential Real Estate Investment Trust is pleased to announce that the trustees of ERES have declared the October 2023 monthly cash distribution of €0.01 per Unit and Class B LP Unit , being equivalent to €0.12 per Unit annualized.

Yahoo Finance Live anchor Josh Lipton previews the biggest events that investors should pay attention to on Wednesday, October 18, including earnings from Tesla and Netflix , the latest commentary from Fed regulators, and data on U.S. housing starts in September. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

 

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