Primarily, last night’s escalation in the Middle East may leave its mark on today’s trading mood: Iran launched a missile attack against Israel in the evening, and the latter struck another blow at Lebanon this morning. The developments are further intensifying the geopolitical situation in the region, as a result of which the price of oil is rising, and we saw a big fall on the overseas stock markets yesterday. We saw mixed movements on the European markets, and the American labor market data in the afternoon did not significantly change the mood either. At the sector level, oil and defense companies perform well, while airlines fall. Wednesday brought a cautious rise in America, but it is worth highlighting Tesla, whose share price closed nearly 4 percent lower after the company sold fewer cars than expected in the third quarter.
Source: www.portfolio.hu
