In today’s episode of Market Brief – After Hours, markets extend their losses as surging oil prices and escalating tensions around the Strait of Hormuz push investors deeper into a risk-off environment.
We break down the sharp sell-off across US equities as the Dow enters correction territory and the Nasdaq slides further, with rising energy prices driving inflation concerns and weighing heavily on growth stocks.
In Europe, markets decline broadly across the STOXX 600, DAX, CAC 40, and FTSE 100, as weaker economic data and falling consumer confidence add to the pressure, while mixed performance across Asia reflects ongoing uncertainty around global growth and energy security.
The episode also covers detailed Forex technical analysis across EUR/USD, GBP/USD, and USD/CHF as the US dollar strengthens, alongside strong rebounds in Gold and Silver as investors rotate into safe-haven assets.
In equities, we highlight major movers including a surge in Argan and Unity Software, alongside declines in major technology stocks such as Amazon, Meta Platforms, Nvidia, and Tesla, as well as weakness across cybersecurity names.
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