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...

BofA’s Hartnett Warns Markets Starting to Look Like 2008

The spike in oil prices and growing concerns around private credit are causing market activity to resemble the lead-up to the global financial crisis, according to Bank of America’s Michael Hartnett. The strategist flagged how oil doubled to $140 a barrel by August...

US Consumer Sentiment Slips as War Worries Start to Mount

US consumer sentiment declined to a three-month low as fears mounted in recent weeks about the impact on gasoline prices from the war with Iran. The preliminary March sentiment index dropped to 55.5 from 56.6 in February, according to the University of Michigan. The...