Markets navigate geopolitical tensions and corporate restructuring. Trump extended the Israel-Lebanon ceasefire by three weeks, easing immediate tensions, but uncertainty over a permanent peace deal kept investor enthusiasm in check. Meanwhile, escalating rhetoric over the Strait of Hormuz sent oil prices surging, with Brent crude jumping three percent to $105.07 per barrel. The International Energy Agency warned of the biggest energy security threat in history. On the corporate front, Meta announced ten percent workforce reductions while Nike cut approximately 1,400 jobs. U.S. stocks pulled back amid geopolitical concerns, though Asia-Pacific markets opened mixed. Oil's upward momentum reflects investor anxiety over supply disruptions, while layoff announcements signal corporate caution heading into uncertain economic conditions ahead.
