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Middle East Tensions Shake Markets | Lubbock News

Middle East Tensions Shake Markets | Lubbock News

Published 3 weeks, 1 day ago
Description

Middle East tensions escalate as US and Iran exchange fire, rattling global markets and sending oil prices soaring—Brent over $94, US crude near $88—threatening inflation and possibly forcing the Fed to hike rates next week. Gas prices hit over $4 a gallon, straining wallets. Meanwhile, Super Micro Computer rockets 17% on strong earnings previews, AT&T jumps ahead of the bell, and big tech earnings from Tesla and Alphabet loom. Globally, Europe rallies, Japan dips slightly, Australia and South Korea climb, while Hong Kong falls and Shanghai holds steady—investors brace for geopolitical and corporate shocks.

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