Good morning, you're listening to Markets Desk.
Overnight, the United States conducted strikes on dozens of targets inside Iran, and markets are absorbing that geopolitical shock in real time. Futures are pointing broadly higher despite the tension, suggesting traders are pricing in a contained escalation rather than a broader conflict — though that calculus can shift quickly.
Feeding directly into that geopolitical read, Brent crude is sitting at seventy-nine dollars and twenty-five cents per barrel this morning, up about a dollar and eight cents from yesterday. That's a notable one-point-three-eight percent move, though it's worth remembering oil was trading near ninety-six dollars just a month ago, so the commodity has actually pulled back sharply from recent highs even as Middle East risk climbs.
Shifting to markets news with a longer runway, South Korea's SK Hynix is making its Nasdaq debut today following a more than sevenfold rally in its home market over the past year. The chipmaker is a dominant force in high-bandwidth memory, the kind of silicon that powers AI infrastructure, and its U.S. listing signals just how central the semiconductor supply chain has become to global investor appetite.
That's the tape. Markets Desk, signing off the floor.
