Futures drop, oil spikes amid widening Mideast conflict - what’s moving markets
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Investing.com - Futures linked to the main U.S. stock indices point to significant losses following the launch of massive air attacks on Iran by the U.S. and Israel. The strikes push up oil prices and spur a broader rush out of risk and into safe-haven assets, notably gold. Shares in Asia also slide, weighed down by uncertainty around the effect of artificial intelligence advancements on the technology sector.
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