Equity markets saw divergent moves as the Dow Jones Industrial Average and the S&P 500 reached record closing highs while the Nasdaq Composite eased on weakness among large-cap technology names. Traders weighed corporate earnings, Treasury yields and central bank signals.
Major Gulf stock markets, including those in Saudi Arabia, the UAE, and Qatar, showed surprising resilience today as the U.S. officially joined the Israel-Iran conflict. Investors appeared cautiously optimistic, with energy stocks providing support and regional central banks closely monitoring currency and inflation risks.
Airline stocks slide as Israel hits targets in Iran; US defence firms rise on Israel-Iran conflict
Tesla's recent quarterly earnings report has sent electric vehicle stocks soaring to new heights, attracting investors from around the world.
The stock market is facing turbulence as U.S. tech stocks experience sharp declines due to shifting trade policies. Global investors are re-evaluating their positions, with European and Asian markets seeing a surge in capital inflows.
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