US stocks rise, Asian markets get rocked as Middle East conflict intensifies [CNN]
MACQUARIE GROUP LTD S/ADR (MQBKY)
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Source: CNN
Oil prices Wednesday paused their recent surge, supporting a rebound in European and US stocks, as investors hold hope for limited long-term disruptions to energy markets and monitor developments in the Middle East. Global investors are digesting the market turmoil spurred by the US war with Iran and subsequent conflict across the region. Asian stocks sank Wednesday, while European and US stocks steadied after two days of intense volatility. South Korea and Japan rely on imports of liquified natural gas from the Middle East, leaving their economies and market particularly exposed to the ongoing turmoil. South Korea's benchmark Kospi index plunged 12%. The index had dropped 7.24% Tuesday, putting it on the precipice of a technical bear market. Despite the plunge, the Kospi is still up nearly 21% this year. South Korea's stock market was a top performer in 2025, surging 76% on enthusiasm about artificial intelligence and chipmakers. “The fact that these countries are all almo
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News
- Dollar edges higher as Middle East war boosts safe-haven demand [CNBC]CNBC
- US stocks rise, Asian markets get rocked as Middle East conflict intensifies [CNN]CNN
- Dollar Strengthens After Attack on Iran [Yahoo! Finance]Yahoo! Finance
- Dow tumbles 1,100 points as Wall Street fears a prolonged war with Iran [Yahoo! Finance]Yahoo! Finance
- Stocks tumble as Wall Street fears a prolonged war with Iran [CNN]CNN