US Treasuries Erase 2026 Gains as Inflationary Angst Rises

The US Treasury market has erased all its gains for the year as the war-driven surge in oil prices sets investors panicking about both inflation and growth risks. A Bloomberg gauge of its performance turned negative for the year after losing 1.7% since the end of...

Israel Says Iran Is Firing Cluster Warheads Aimed at Civilians

Half of the Iranian missiles fired at Israel in this war spray numerous small explosives over their targets, expanding the radius of possible damage and casualties though presenting less of a direct danger than traditional warheads, according to the Israeli military....

Tech Giants Enter Correction as Mideast War Drags Stocks Down

Technology giants entered a correction on Friday as the war in Iran continued to escalate and oil closed above above $100 a barrel once again. Bloomberg’s gauge for the Magnificent Seven closed 1.6% lower, putting the group of mega-cap names — including Nvidia...

European Stocks Fall as Iran War Sparks Back-to-Back Weekly Loss

European stocks whipsawed on Friday, ultimately ending the week lower, as oil prices moved back above $100 a barrel and traders reduced risk ahead of the weekend. The Stoxx Europe 600 closed 0.5% lower, notching the index’s first back-to-back weekly declines this...