First Look: Oil and Tech Stocks Dive Amid Geopolitical Tensions

This is Guru Focus First Look, your morning market brief for Wednesday, July 8th. Here are the stories driving markets today. Oil prices surged more than 6% overnight as US military strikes against Iran disrupted a recent ceasefire, pushing Brent crude above $78 per barrel.The escalation in Middle East tensions sent global equity markets lower with energy and defense stocks seeing heightened volatility. The spike in oil prices raised concerns about inflation and supply chain disruptions across multiple sect ...