Why Deutsche Bank sees a ‘sharp reversal’ for luxury stocks if the Middle East conflict subsides

A recovery in European luxury has been upended by the Iran war.
European stocks plunge after Trump vows to hit Iran ‘extremely hard’

Stocks listed in Europe fell on Thursday, as investors reacted to U.S. President Donald Trump’s address on the Iran war.
Trump’s threat to hit Iran ‘extremely hard’ jolts Asian stocks, U.S. futures and oil

Investor sentiment quickly soured as Trump’s speech went on, with Asian markets and U.S. bonds dipping.
EV demand is getting a boost from the Iran war — just as auto giants pivot back to combustion engines

Various car selling platforms have reported a sharp increase in consumer interest for EVs since the Middle East crisis began.
Iran sets up ‘toll booth’ in Strait of Hormuz, as oil tankers detour via Larak Island for safe passage

Iran has established a de facto safe shipping corridor in the north of the Strait of Hormuz to select ships, as Tehran sought to monetize its grip over the waterway.
Oil prices fall in choppy trade as Trump addresses the U.S. on Iran war

Oil fell in a volatile session as traders awaited U.S. President Donald Trump’s address to the nation on Iran.
Stock futures are little changed after market starts new quarter on strong footing: Live updates

All three major averages rose on Wednesday to kick off the second quarter.
Asia-Pacific markets extend recovery as investors await Trump address on Iran war

The U.S. president will address the nation at 9 p.m. Eastern Time, or 9 a.m. Singapore/Hong Kong time.
Inside India newsletter: The worst might not be over for Indian equities

Indian equities plunged as the Iran war triggered a record wave of foreign investor sell‑offs. Experts warn the downturn may not be over yet.
Globalstar stock surges 15% on report Amazon is weighing an acquisition

A deal with Globalstar could bolster Amazon Leo, the company’s nascent internet-from-space service, which has about 200 satellites in orbit.