Global markets are experiencing volatility due to shifting geopolitical developments, particularly concerning the US and Iran. Oil prices have surged, reflecting supply disruption fears, while India faces risks from oil costs and AI’s impact on its IT sector. Bond markets are also adjusting to potential US rate hikes.
US stocks today: US stocks end higher on cool inflation data, strong earnings
Wall Street closed higher as softer US producer inflation and strong early Q2 earnings boosted sentiment. PayPal surged on a reported buyout offer, while BlackRock