US Stocks Suffer as Middle East Tensions Rise and Nike Earnings Fall Short

Reported 3 months ago

US stocks began October on a low note following a missile attack by Iran on Israel, contributing to increased tensions in the Middle East. Oil prices surged and gold approached record highs as investors shifted focus to safer investments. Nike's disappointing fiscal results, including the withdrawal of its annual outlook, added pressure on its shares. Meanwhile, Chinese stocks gained from new economic stimulus measures. Investors are also considering the latest employment data in anticipation of significant jobs reports.

Source: YAHOO

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