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Stocks drop, oil rises as Iran and rate worries traders
HONG KONG: Fresh worries about the Middle East ceasefire and the prospect of a US interest rate hike hit stocks and oil prices Thursday (Jun 11), following a rollercoaster week for markets that has sent shivers through trading floors.Investors took a little heart from closely watched data Wednesday that showe
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Stocks Drop on Tech Selloff, Oil Rises on Iran: Markets Wrap
(Bloomberg) -- Stocks retreated as a selloff in technology shares gathered pace and robust US jobs data boosted bets on Federal Reserve interest-rate hikes. Oil climbed and bonds…
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Stocks, Bonds Fall as Mideast Strikes Lift Oil: Markets Wrap
(Bloomberg) -- Stocks and bonds dropped as investors grappled with rising oil prices, mounting bets on US interest rate hikes and a pullback in the artificial-intelligence trade.
