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Middle East Tensions Shake Markets | Wilmington News
Tensions in the Middle East are flaring again, sending shockwaves through global markets as U.S.-Iran hostilities threaten a fragile ceasefire. Oil prices surge—Brent crude near $78.66, U.S. crude rising too—pushing gas prices back up. Stocks mixed: S&P 500 futures up, Dow down, Nasdaq gaining; PepsiCo dips despite strong revenue, citing tighter consumer spending in North America. Earnings season kicks off next week with big banks and airlines reporting. U.S. jobless claims and June home sales data due today. Europe’s FTSE falls, while Frankfurt and Paris edge higher. Asia rebounds: Tokyo and…
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