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Transcontinental geopolitical region
The Middle East or West Asia is a geo-political region that is generally defined as encompassing all of Egypt and all of West Asia except for the Caucasus. It roughly corresponds with what was historically referred to in Western Europe as the Near East, which was juxtaposed with the Far East. Unlike West Asia's adherence to continental boundaries, the Middle East is demarcated by following political borders and consequently includes East Thrace in Southeast Europe because it is a part of Turkey.
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The sharp drop in tech shares came as concerns resurfaced about ballooning AI debt, rising interest rates and high gas prices.
More hot inflation data and rising oil prices might have stoked rate hike bets. Bonds rallied across the curve instead. Is the US economy starting to crack?
November WTI crude oil (CLX26) closed up +3.44 (+3.51%) on Friday, and November RBOB gasoline (RBX26) closed up +0.552 (+1.74%).Crude oil and gasoline prices rallied sharply on Friday, with crude posting a 1-month high. Crude prices rose Friday amid a weaker dollar and concerns that escalating host…