Oil, AI, and Inflation Move Markets | Wilmington News

Markets opened mixed Tuesday as oil prices surged again amid U.S.-Iran tensions, pushing gas prices over $4 a gallon and rattling energy stocks. Wall Street eyes Wednesday’s July inflation report—expected to show cooling inflation—which could ease Fed rate pressure but also weigh on equities. Globally, Europe split with Paris down, Germany up, while Asia saw gains in South Korea’s Kospi thanks to Samsung. AI hype has cooled slightly, but chipmakers still benefit from the tech build-out. Tokyo was closed for a holiday, Hong Kong and Shanghai fell, while Australia edged higher after holding rates steady. 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/97b24744e74d16bf