After Israel attacked senior Hamas leadership in Qatar on Tuesday, oil prices edged higher—but not by as much as many observers predicted. The modest price movement highlights a market that appears cautious yet not overly rattled by the latest violence in the Middle East.

Crude oil prices slipped by more than 1.5% on Friday, following a fresh report from the Energy Information Administration indicating higher commercial inventories in the United States. The market reacted swiftly to the data, pushing prices lower in response to the increased supply outlook.

Following Nvidia’s latest earnings announcement, most of the so-called Mag 7 stocks have seen gains. The shift underscores how one major report can influence broader market sentiment, especially among technology giants.

The Dow Jones Industrial Average fell 200 points following former President Trump’s announcement of new unilateral tariffs. The markets reacted sharply as plans to establish new tariff terms were revealed, highlighting investor sensitivity to policy changes.

President Trump remains steadfast on maintaining tariffs, referring to them as “medicine” for the economy, even as markets experience significant turmoil. His unyielding stance continues to influence market reactions and spark discussions on economic policies.