Oil, AI, and Inflation Move Markets | Wilmington News

Wilmington News Today | 2 Min News | The Daily News Now! · Aug 11, 2026 · 2m

Markets opened mixed Tuesday as oil prices surged again amid U.S.-Iran tensions, pushing gas prices over $4 a gallon and rattling energy stocks. Wall Street eyes Wednesday’s July inflation report—expected to show cooling inflation—which could ease Fed rate pressure but also weigh on equities. Globally, Europe split with Paris down, Germany up, while Asia saw gains in South Korea’s Kospi thanks to Samsung. AI hype has cooled slightly, but chipmakers still benefit from the tech build-out. Tokyo was closed for a holiday, Hong Kong and Shanghai fell, while Australia edged higher after holding…