Abu dhabi: Major US indexes recorded sharp declines as investors braced for potential inflation spikes and broader economic impacts.
According to Emirates News Agency, the S and P 500 dropped 0.8% to close at 7,515.34. The Nasdaq Composite fell 1.5…
Abu dhabi: U.S. crude oil closed higher on Monday by 9.4% at $78.14 per barrel: Brent crude oil jumped 9.6% to $83.30 per barrel. WTI gained 9.4% to close at $78.14.
According to Emirates News Agency, the significant increase in oil prices was obser…
Abu dhabi: traded in mixed territory on Monday as investors turned their attention to the start of the second-quarter earnings season. The pan-European Stoxx 600 index fell 0.01% to 641.02 points, while Germany’s DAX index rose 0.08% to 25,087.18 poin…
Abu dhabi: Gold prices experienced a significant decline of 3% on Monday, following US President Donald Trump’s announcement of reinstating a naval blockade on Iran. This geopolitical move has contributed to a recovery in oil markets.
According to E…