← Home UAE · nd-uae

Stocks Fall Further as Oil Spike Fans Fresh Inflation Worries

Source: aawsat · 2026-10-07T23:49:32 UTC

Equities extended losses Thursday as inflation fears were stoked by a fresh jump in oil prices following a report that said Donald Trump was considering more Iran strikes ahead of next month's US midterm elections. The selling tracked a retreat on Wall Street, where tech firms pulled back from recent gains, having weathered concerns over spiking borrowing costs and geopolitical uncertainty, said A

Full article text belongs to the original publisher. Moogle News shows the headline/summary and sends you to the source.

Read full story on publisher site →

Related in UAE