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News 2026-10-12 05:33 UTC

Stocks Advance & Oil Retreats Amid Middle East Tensions - Asia Market Wrap

US stock and bond futures advanced as oil prices retreated, with investors looking past recent attacks on Saudi Arabia that threatened to escalate tensions in the Middle East. S&P 500 futures rose 0.3%, while European contracts gained 0.6%. Asian equities lagged, with MSCI's regional index slipping 0.2% as South Korean