Escalating Geopolitical Tensions Reshape Global Markets
From Investing.com: 2025-06-16 09:01:00
Global financial markets are experiencing volatility due to escalating Middle East tensions. Gold rallies above $3,400 on geopolitical fears, with key support at $3,381. Crude oil climbs to $77.62 amid supply concerns and OPEC+ production discipline. Equities face a collapse, with the SPDR S&P 500 ETF breaking below $598.78. Nasdaq 100 Futures sees a harsh correction, breaking key supports. Tech stocks are sensitive to geopolitical risks and profit-taking. Market outlook remains uncertain, with investors closely watching critical support and resistance levels.
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