Global Markets React to US Jobs Data and Rising Middle East Tensions
Global stock markets are showing mixed reactions ahead of the release of US jobs data, with stocks settling lower due to escalating tensions in the Middle East. Oil prices are gaining due to tensions in the Strait of Hormuz, as traders assess the potential impact on interest rates.
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Jobs Shock Sends Stocks Higher | Open Interest 8/7/2026
Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." Stocks rise after data showed US employers unexpectedly cut jobs in July. Meanwhile, oil wavers as prospects for a lasting agreement to reopen the Strait of Hormuz remain elusive. National Economic Council Director Kevin Hassett, BlackRock’s Rick Rieder and Julia Coronado of MacroPolicy Perspectives react to the surprising jobs report and what it means for the economy and Fed policy. Tanger CEO Stephen Yalof...
Read full article →Stocks, dollar stall ahead of US jobs data; oil gains as Gulf tensions flare
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