Global markets wobble as oil climbs on Iran tensions
TL;DR Summary
European stocks opened lower as oil prices rose after U.S. strikes on Iran; Asia-Pacific markets were mixed, with South Korea’s Kospi entering a bear market and briefly trading halted as Samsung and SK Hynix fell, while Hong Kong rose and mainland China declined. Oil surged, lifting energy names across Europe, and gold fell after a brief safe-haven rally. The roundup also notes tech’s outsized role in U.S. earnings growth, underscoring the tech-market link in current sentiment.
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