The stock markets also seem to be unbothered by the ... But apart from commodities and Middle Eastern equities, the wider market impact has been limited. In fact, the MSCI World index closed just over -1% beneath its record on Thursday.”

Investors had two reactions to Israel's broad attack on Iran late Thursday: They sold stocks broadly and bought crude oil and gold. Futures trading suggests the Standard & Poor's 500 Index will open down 52 points.

Paint manufacturers such as Asian Paints, Berger Paints, and Kansai Nerolac source around 50% of their raw materials from crude-based derivatives like resins and solvents. These input costs are highly sensitive to crude fluctuations.

Rising Middle East tensions have driven oil prices higher, potentially boosting Texas Pacific Land's future earnings. Read why TPL stock is a hold for now.

Live Updates Live Coverage Has Ended Friday Wrap-up 4:36 pm The Vanguard S&P 500 ETF closed Friday at 548.77, down 1.1%. Forget About a Rate Cut, Says JPMorgan 12:15 pm JPMorgan Chief U.S. Economist Michael Feroli tells investors to expect nothing new out of next week’s Federal Reserve meeting.

Stock markets in the Middle East ended lower on Thursday with uncertainty looming after the U.S. decided to relocate personnel from the region ahead of nuclear talks with Iran.

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If the middle east conflict remains restricted, or even subside, one could see the market impact wear off, said Chirag Mehta, the CIO at Quantum AMC. However, the markets are at risk of a correction as valuations have been cooled off,

If prices go up, Fed officials may be inclined to raise its benchmark rate, raising borrowing costs for businesses and consumers. That could lead to businesses to cut jobs, particularly in the high-growth tech sector, and force Americans to pull back on spending, which drives more than 70% of economic activity in the U.S.

Wall Street indexes dipped due to rising Middle East tensions and unclear US-China trade deals. Boeing fell after a deadly crash in India. Gold prices rose and tech stocks were mixed. Investors expect interest rates to remain unchanged,

A look into the reasons behind the sharp decline in Sensex and Nifty, focusing on U.S.-China trade tensions and Middle East geopolitical issues.