Stocks fall as Gulf oil supply fears rattle markets
LONDON, March 6 : European stocks slipped along with U.S. futures on Friday as the U.S.-Iran war drove fresh concerns about oil supplies, prompting traders to rethink their expectations for central bank rate cuts.Benchmark global and U.S. oil prices hit their highest levels since mid-2024. U.S. Treasuries fel
Stocks slide as Gulf oil supply fears rattle markets
LONDON, March 6 : European stocks and U.S. futures tumbled on Friday as the U.S.-Iran war drove fresh concerns about oil supplies, prompting traders to wind in their bets on interest rate cuts and fret about the impact on the global economy.Benchmark global and U.S. oil prices hit their highest levels in almo
Stocks slide as Gulf oil supply fears rattle markets
LONDON, March 6 : European stocks and U.S. futures tumbled on Friday as the U.S.-Iran war drove fresh concerns about oil supplies, prompting traders to wind in their bets on interest rate cuts and fret about the impact on the global economy.Benchmark global and U.S. oil prices hit their highest levels in almo
Stocks slide as oil price fears, US jobs data rattle markets
LONDON, March 6 : U.S. futures and European stocks slid on Friday as the U.S.-Iran war drove oil prices to their highest level in almost two years, prompting traders to wind in their bets on interest rate cuts and fret about the impact on economic growth.Much weaker than expected U.S. jobs data, which showed
Stocks slide as soaring oil prices and US job losses rattle markets
NEW YORK/LONDON, March 6 : U.S. and European equity indexes closed a tumultuous week with losses of more than 1 per cent on Friday as the U.S.-Israeli war against Iran sent oil futures soaring to prices not seen since 2023 while unexpected U.S. job losses in February increased hopes for Federal Reserve rate cuts, bu
Stocks slide as soaring oil prices and US job losses rattle markets
NEW YORK/LONDON, March 6 : Stocks sank on Friday as the U.S.-Israeli war against Iran drove oil prices sharply higher, while an unexpected loss of U.S. jobs in February increased hopes for Federal Reserve rate cuts but did little to cheer investors worried about economic weakness. Trading was choppy in curre
last updated on 7 Mar 00:36