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Over on Wall Street, all three major US indexes sank on Friday, spooked by the Middle East flare-up and surging energy prices. The Dow tumbled 1.79%, the S&P 500 fell 1.13%, and the Nasdaq slid 1.30%.
Crude prices have jumped by around 12% in the past week, amid the Israel-Iran conflict and heightened fears of a broader ...
TEL AVIV/DUBAI/WASHINGTON: Iranian missiles struck Israel’s Tel Aviv and the port city of Haifa on Monday, destroying homes ...
The Israel Defense Forces said the air force had launched strikes against missile sites in central Iran, as the Middle East ...
The Israeli military claims its campaign has eliminated high-value targets, including nine senior scientists, and severely ...
Indian benchmark indices, Nifty and Sensex, are expected to see a positive start on Monday as indicated by the Gift Nifty.
"Nifty could gain support between 24,450 and 24,330 and meet resistance between 24,750 and 24,860 in today’s market session. From here on, dips in the Nifty index should be viewed as buying ...
Oil is likely to be supported by tensions in the Middle East, said Phillip Nova analyst Priyanka Sachdeva, noting that crude oil prices have surged over 18% in June.
The worsening geopolitical situations in the Middle East also stoke fears that conflict could disrupt trade in the Strait of Hormuz, through which one-fifth of the world's oil passes each day.
Domestic markets are likely to witness a gap-down opening on Monday amid the escalating conflict between Iran and Israel.
Futures on Wall Street are currently in cautious mode as they await further details on the ongoing hostilities between Israel ...
Fuel prices will rise again on June 17, with gasoline and diesel up nearly P2 per liter, pushing total hikes to nearly P7.