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Equities lose steam while oil slips amid uncertain Middle East outlook
NEW YORK/LONDON, June 9 : MSCI's global equities gauge lost ground on Tuesday as heavyweight U.S. technology stocks stumbled and investors opted for safer bets, while oil prices fell as updates from the Middle East brought little clarity on progress towards peace.On Monday, Iran and Israel had boosted hopes t
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Stocks Selloff Extends on Tech, Oil Rises on Iran: Markets Wrap
(Bloomberg) -- Stocks extended losses as a selloff in technology shares gathered pace and a robust US jobs data boosted bets on Federal Reserve interest-rate hikes. Oil rose and…
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US Stocks Halt Rout Even as Iran Tensions Lift Oil: Markets Wrap
(Bloomberg) -- US stock futures staged a rebound, bringing a rout in technology stocks to a halt even as flaring tensions in the Middle East sent oil prices higher.
