19 Hrs
Source:
الاقتصادية
Wall Street feels Hezbollah pressure
Tech stocks on Wall Street declined, particularly Intel, as tensions in the Middle East over the Strait of Hormuz escalated, leading to a drop in the Nasdaq index and a decline in investors' confidence in reaching an agreement to open the strait. Conversely, U.S. crude oil prices surged approximately 5% to $82.13 per barrel, amid concerns that conflicts could hinder oil exports and increase inflationary pressures. The ongoing tensions contribute to uncertainty, as markets await company earnings reports and any signals regarding the direction of U.S. monetary policy.
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