Global Markets React to Middle East Tensions: Asia Wavers, Eurozone Mixed, Crude and Gold Surge

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Source: Benzinga
Global Markets React to Middle East Tensions: Asia Wavers, Eurozone Mixed, Crude and Gold Surge
Photo: Benzinga
TL;DR Summary

US stock markets closed higher on Friday, driven by better-than-expected job creation numbers, raising the possibility of a Federal Reserve interest rate hike. Asian markets were mixed, with Australia's S&P/ASX 200 rising due to a surge in gold and oil stocks amid rising conflicts in the Middle East. Chinese stocks declined following the Golden Week break and global market unrest triggered by the Hamas attack on Israel. European markets were also mixed. Crude oil and gold prices jumped due to geopolitical tensions in the Middle East. US futures were down, and the US Dollar Index rose.

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