Markets Waver Amid Middle East Tensions

Written By Timmy Adami

October 1, 2024

MRKT Matrix - Tuesday, October 1st

  • S&P 500 falls, Nasdaq drops 1% as oil spikes on escalating Middle East tensions (CNBC)

  • Oil, Gold Surge as Conflict in Mideast Escalates (Bloomberg)

  • Port strike could reignite inflation, with larger economic impact dependent on how long it lasts (CNBC)

  • Auto Sales Idling as Prices Remain High (WSJ)

  • Apple falls as Barclays flags 'weak demand' for iPhone 16; Citi cuts estimates (Investing.com)

  • Bank of America joins growing chorus on Wall Street loving this sector to play China’s stimulus (CNBC)

  • How the pandemic made Americans richer (Axios)

Timmy Adami
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