Stocks stagger and oil rises as traders eye Iran threat, Nvidia results
HONG KONG: Asian stocks fluctuated on Tuesday (Aug 25) while oil edged up as investors assess a US plan for the "economic asphyxiation" of Iran, while tech firms struggled following another down day on Wall Street and ahead of earnings from chip titan Nvidia.With the war against Tehran now in its sixth month, Treasury
Stocks, oil slip ahead of US threat of economic war against Iran
Oil prices eased after strong gains last week while stock markets mostly faltered on Monday as investors awaited details of a US plan to impose massive economic pressure on Iran to end the Middle East war.
Wednesday's earnings report from chip giant Nvidia and Thursday's opening of the annual gathering