All articles tagged with #geopolitics middle east
U.S. Treasury yields climbed as Brent crude rose above $100, pushing the 10-year yield to about 4.707% (its highest since Jan 2025) while the 2-year rose to 4.362% and the 30-year to 5.183%; the rally in oil was driven by Middle East tensions and Iran risk, coupled with weekly jobless claims falling to 187,000, sparking inflation fears and prompting investors to await Friday’s PMIs for more clues.
U.S. equities opened lower as the S&P 500 fell about 0.7%, the Nasdaq dropped, and the Dow slumped roughly 385 points, amid energy prices rebounds and Iran-war headlines. JPMorgan upgraded Ecolab to overweight with a $295 target, citing potential earnings support from surcharges and the CoolIT acquisition. Apollo Global Management faced 11.2% redemption requests in its private-credit fund, prompting a payout of roughly 45 cents on the dollar and a 5% quarterly withdrawal cap, with shares sliding in premarket trading. Brent crude rose above $101 and WTI traded near $90 as oil stabilized; gold hovered near flat as the dollar strengthens. Asia-Pacific and European markets posted mixed results on the geopolitical backdrop, while Estée Lauder confirmed talks with Puig about a potential merger, with no deal yet.