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Markets Shake as Oil and Tariffs Stir | Wilmington News
Wall Street’s modest gain masks a week-long slide as major indexes edge lower, while oil prices finally dip after a week of tension in the Middle East—despite lingering fears over global supply. Brent crude retreats from its 102-dollar peak amid mounting uncertainty fueled by AI market chatter, U.S. tariffs targeting forced labor, and the dollar hitting a 40-year high against the yen. Gas prices soar past $4.10, risking inflation and forcing central banks to consider rate hikes—bad news for stocks. Europe rallies, but Asia tanks, especially tech-heavy markets in Japan and South Korea…
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