Stocks stable, oil rises as wary investors eye Middle East hostilities

PTVPhilippines

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00:00Stocks were steady with safe investments like government bonds and the dollar gaining value and rising amidst tensions in the Middle East

00:07These stocks index fell slightly by 0.1 percent while Asia-Pacific shares rose by 1.38 percent

00:15Oil prices jumped nearly 3% after Iran's missile strike on Israel

00:19The strong US job market supports a smaller interest rate cut in November

00:25Geopolitical issues often impact markets more than economic factors

00:29Iran said its missile attacks on Israel were over for now, but Israel and the US promised retaliation

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