12/03/2026
📉 Markets Watch: Oil Surge & Jobless Claims Ahead
Oil prices have surged past $100 per barrel amid growing fears of a Middle East conflict and reported attacks on shipping near the Strait of Hormuz.
The spike in energy prices pressured global sentiment, sending stock futures lower across Asian and U.S. markets. Investors are now closely watching the upcoming U.S. initial jobless claims data for fresh signals on the health of the labor market and the broader economy.