A look at the day ahead in U.S. and global markets from Mike Dolan
With Middle East tensions dialing back up, U.S. port workers on strike and global industry under the cosh, the final quarter of 2024 promises to be a bit edgier for world markets than the relatively serene first nine months.
The fourth quarter was barely underway on Tuesday when 12 months of intense conflict in Gaza and Lebanon spilled over again into another direct standoff between Israel and Iran – jarring recently listless energy markets and provoking some limited hedging of risk assets.
