US stocks skid, oil surges on Middle East conflict

October 9, 2023

A reflection of passersby walking is seen on an electronic board showing Japan’s Nikkei average outside a brokerage, in Tokyo, Japan, March 20, 2023. REUTERS/Androniki Christodoulou/File Photo Acquire Licensing Rights

Summary Asian stock markets:

Oil prices jump over 5% on Middle East hostilities

Safe haven Treasuries, gold and yen all gain

Markets price in more Fed rate cuts for next year

SYDNEY, Oct 9 (Reuters) – U.S.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.



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