Markets Mixed as Oil Rises on Hormuz Tensions | Europe News

Global markets mixed as Europe edged up while Japan slipped, following Wall Street’s recent pullback—tech stocks, especially AI-linked firms, saw selling pressure but are calming. Oil surged again after yesterday’s spike, driven by lingering uncertainty over the Strait of Hormuz reopening, a lifeline for global energy flows. Geopolitical tensions keep inflation pressures simmering, affecting everything from gas to shipping. Meanwhile, SpaceX shares hit the market in force: early investors and employees can now sell, adding significant supply after an IPO surge that’s since cooled. And today’s big reveal? The July jobs report—strong hiring has slowed, with unemployment claims rising slightly, but layoffs remain low. This data could reshape economic outlooks and investor sentiment. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/080c487ecbec4dd0