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Sep 11 · 12:49 ET · 00:49+1 UTC+8RegularFutu Global Flash · QQQ/SPY

White House considers using Defense Production Act to expand U.S. refining capacity

Citing two people familiar with the matter, Reuters reported that the White House is studying how to use the Defense Production Act to expand U.S. refining capacity as the U.S.-Iran conflict exposes U.S. vulnerability to disruptions in global crude supplies and surging prices. The proposal was discussed recently at a…

oilriskgeopoliticsPrice at publishQQQ 715.68 / +0.99%SPY 765.39 / +1.00%
Market reaction
1m5m15m30m60mBefore QQQ0.03%0.02%0.07%0.06%0.15%After QQQ0.01%0.03%0.09%0.12%0.13%Before SPY0.02%0.02%0.04%0.01%0.05%After SPY0.01%0.00%0.05%0.05%0.05%
Sep 11 · 12:38 ET · 00:38+1 UTC+8RegularFutu Global Flash · QQQ/SPY

U.S. officials confirm attack on Saudi Arabia's East-West oil pipeline system; some pump stations damaged

CNN, citing two U.S. officials, reported that Saudi Arabia's critical East-West oil pipeline system was struck by projectiles on Thursday local time. An initial assessment indicated that pump stations beside the pipeline were hit; satellite images showed extensive fire damage at one station and a smaller fire with smo…

oilriskgeopoliticsPrice at publishQQQ 715.60 / +0.97%SPY 765.26 / +0.98%
Market reaction
1m5m15m30m60mBefore QQQ0.01%0.01%0.04%0.17%0.18%After QQQ0.02%0.00%0.03%0.12%0.17%Before SPY0.01%0.01%0.01%0.08%0.05%After SPY0.01%0.02%0.01%0.05%0.09%
Sep 11 · 11:28 ET · 23:28 UTC+8RegularBenzinga · QQQ/SPY

Iran War, Fears Trigger $40 Billion Large-Cap Exodus — But VOO, QQQ Buck the Trend

Iran war and $100 oil drive large-cap outflows, but investors keep buying VOO, QQQ and semiconductor ETFs.

inflationoilsemiconductorsriskPrice at publishQQQ 717.43 / +1.23%SPY 766.23 / +1.11%
Market reaction
1m5m15m30m60mBefore QQQ0.05%0.15%0.31%0.40%0.13%After QQQ0.02%0.00%0.07%0.13%0.20%Before SPY0.03%0.09%0.22%0.29%0.04%After SPY0.03%0.02%0.02%0.08%0.10%
Sep 11 · 10:25 ET · 22:25 UTC+8RegularFutubull SPY · Zhitong Finance

Sharp Divergence in Capital Flows! Net Outflows from US Equity Funds Hit Year-to-Date High, While Tech Themes Defy Trend to Attract Capital Amid Astra Frenzy

Amid the war in Iran, U.S. equity funds faced significant selling pressure in the week ended September 9, driving up oil prices and exacerbating concerns over and elevated borrowing costs.

inflationoiltechnologygeopoliticsPrice at publishQQQ 716.27 / +1.07%SPY 765.76 / +1.05%
Market reaction
1m5m15m30m60mBefore QQQ0.01%0.02%0.18%0.06%0.04%After QQQ0.00%0.03%0.19%0.25%0.06%Before SPY0.01%0.01%0.05%0.08%0.11%After SPY0.01%0.00%0.19%0.22%0.01%
Sep 11 · 07:58 ET · 19:58 UTC+8PremarketBenzinga · QQQ/SPY

Iran War Added $115 Billion to US Energy Costs, Top Economist Says — '$860 Per Household'

Moody’s economist Mark Zandi says the Iran war has added $115 billion in energy costs, costing the typical U.S. household about $860.

oilinflationgeopoliticsPrice at publishQQQ 713.59 / +0.69%SPY 762.45 / +0.61%
Market reaction
1m5m15m30m60mBefore QQQ0.02%0.00%0.04%0.06%0.07%After QQQ0.02%0.07%0.01%0.10%0.43%Before SPY0.01%0.02%0.03%0.03%0.03%After SPY0.01%0.03%0.00%0.10%0.39%
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