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Market Impact: 0.62

Crude Hit $100 Once Again, Markets React to AAPL & TSM Record Revenue

Source: youtube.com

Geopolitics & WarEnergy Markets & PricesMarket Technicals & FlowsFutures & OptionsTransportation & Logistics
Crude Hit $100 Once Again, Markets React to AAPL & TSM Record Revenue

Houthi rebels' seizure of a strategic Middle Eastern port added geopolitical and shipping-supply risks as Thursday trading opened. Crude oil reached $100 per barrel and diesel remained at record highs, increasing inflationary and transport-cost pressure. The development weighed on S&P 500 futures amid a broader risk-off market backdrop.

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moderately negative

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