Stocks Drop on Geopolitical Tensions as Oil Prices Rise on Iran-Israel Embassy Embargo Call
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Oil prices rallied over 3% as Iran called for Israel embargo amid hospital blast killing hundreds. Stocks fell on geopolitical tensions.
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Earnings reports from Morgan Stanley, Procter & Gamble, United Airlines moved stocks. Investors watch for recession risks.
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Inflation data showed UK prices exceeded forecasts, keeping Bank of England rate hikes on table.
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ASML, Adidas, Nexi stocks moved on earnings, guidance, potential CVC bid.
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China property index fell to 2009 low. Traders weighed mixed economic data on jobs, housing, trade.