Stocks Fall as Oil Rises, Tracking Isaias, More
Summary
Bloomberg News Now covers escalating Middle East tensions as Iran steps up attacks in the Strait of Hormuz, driving crude oil prices higher. The report also marks the three-year anniversary of the October 7 attacks, noting the political fallout for Israeli PM Netanyahu and a recent failed hijacking attempt. In the US, the administration proposes a $100,000 fee for international students in work programs, while Tropical Storm Isaias threatens Gulf Coast oil facilities. Additionally, Apple partners with LG to expand its smart home ecosystem, and markets react to rising mortgage rates and fall…
Topics discussed
Sponsor: PayPal Pay Later holiday promotion
Middle East tensions and rising crude oil prices
Three-year anniversary of October 7th attacks
Proposal for $100k fee on international student work visas
Tropical Storm Isaias and Gulf Coast hurricane risks
Apple and LG partnership on smart home devices
Market update: Mortgage rates, crypto, and Treasuries
Sponsor: PayPal Checkout and Pay Later data
Promo: Bloomberg Tech London event
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