Calm returns to financial markets as oil eases
Financial markets stabilized Thursday as oil prices eased. Brent crude fell 2.2 percent to $76.30 a barrel amid concerns over potential disruptions from escalating tensions in Iran. Strong performances from tech stocks and a decline in Treasury yields supported market recovery, with the S&P 500 rising 0.8 percent as investors anticipate upcoming earnings reports.
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Published 09 Jul 2026, 20:25 UTC · Updated 09 Jul 2026, 20:30 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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