- Carpenter bomb stuns Guardians as Tigers level series
- Harris, Trump and Biden mark Oct. 7 attacks as US election looms
- Oil prices extend gains on Mideast tensions, Wall Street falls
- US judge orders Google to open Android to rival app stores
- On attacks anniversary, Israel fights 'sacred' multi-front war
- Nobel scientist uncovered tiny genetic switches with big potential
- Grammy-winning Cissy Houston, mother of Whitney, dies at 91
- UN biodiversity summit in Colombia aims to turn words into action
- Georgia Supreme Court reinstates six-week abortion ban
- 'Dark day': Victims mourned around the globe on Oct. 7 anniversary
- On attacks anniversary, Israel fights multi-front war
- Mexican mayor murdered days after taking office
- Intensifying to Category 5, Hurricane Milton targets Florida
- Mission to probe smashed asteroid launches despite hurricane
- Biden, Harris mark Oct. 7 with call for Mideast peace
- Dupont set for Toulouse return after post-Olympic holiday
- French rugby bosses tighten discipline after nightmare Argentina tour
- Oil prices extend gains on Mideast tensions, Wall Street slips
- Visitors to get rare view of Rome's Trevi Fountain
- Europe's asteroid mission Hera launches despite hurricane
- Man City and Premier League both claim victory in legal case
- Deschamps delight as 'light back on' for Pogba after doping ban
- Biden, Harris urge Mideast peace on Oct. 7 anniversary
- Neeskens, tough midfielder in Cruyff's Ajax and Dutch teams
- UN warns world's water cycle becoming ever more erratic
- Oil prices extend gains on Mideast tensions, Wall Street retreats
- Ex-Dutch football star Johan Neeskens dies
- Man Utd battling to improve fortunes, says Evans
- What is microRNA? Nobel-winning discovery explained
- Masood, Abdullah centuries lift Pakistan to 328-4 in first England Test
- Hurricane Milton strengthens fast, threatens Mexico, Florida
- Tunisia's President Saied set for landslide election win
- Barca hoping to return to Camp Nou 'by end of year'
- Trump to open second golf course at Scotland resort in summer 2025
- Super-sub Jhon Duran rewarded with new Aston Villa deal
- US duo win Nobel for gene regulation breakthrough
- Masood hits first ton for four years to power Pakistan to 233-1
- Fritz wins delayed match to reach Shanghai Masters third round
- Naomi Osaka pulls out of Japan Open with back injury
- Weather may delay launch of mission to study deflected asteroid
- China to flesh out economic stimulus plans after bumper rally
- Artist Marina Abramovic hopes first China show offers tech respite
- Asian markets track Wall St rally on US jobs data
- Pakistan 122-1 at lunch in first England Test
- Kazakhs approve plan for first nuclear power plant
- World marks anniversary of Oct. 7 attack on Israel
- 'Second family': tennis stars hunt winning formula with new coaches
- Philippines, South Korea agree to deepen maritime cooperation
- Mexico mayor murdered days after taking office
- Sardinia's sheep farmers battle bluetongue as climate warms
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Oil prices extend gains on Mideast tensions, Wall Street falls
Oil rose above $80 a barrel Monday on Middle East tensions while equities slid in New York as political and interest rate concerns dented the recent rally.
Brent North Sea crude, the international benchmark oil contract, went above $80 per barrel for the first time since late August.
Oil futures have experienced recent volatility, with Brent slumping under $70 last month on concerns about weak demand, before intensified fighting in the Middle East sent prices soaring 10 percent last week.
Israel is preparing its retaliation against Iran over its missile attack last week, raising fears of a regional war that could involve strikes on oil facilities.
Beyond Middle East tensions, oil is also being supported by hopes of stronger Chinese demand after Beijing recently announced major stimulus measures to boost its flagging economy.
Offsetting price support is an expectation in the market that the OPEC+ group of oil producing nations could reverse output cuts, according to analysts.
- 'Wild ride' -
"The oil market is on a wild ride, caught in a whirlwind of geopolitical tension, OPEC+ strategy shifts, and a slowdown from its biggest customer, China," noted independent analyst Stephen Innes.
Rising oil prices played a role in Wall Street's pullback. All three major indices fell about one percent or more.
"Wall Street is on a four-week win streak but (is) under pressure from rising yields, a rally in crude oil, and a strong dollar amid geopolitical and inflation concerns," said Joe Mazzola, a strategist at Charles Schwab.
European shares closed mixed with Frankfurt slipping and London and Paris gaining.
Major indices in New York retreated from gains made on Friday when a stronger-than-expected nonfarm jobs report showed the world's largest economy is in good shape but clouded the outlook for further interest rate cuts from the Federal Reserve.
The figures led to "a sharp re-evaluation in the market's forecasts for future Fed rate cuts," said David Morrison, senior market analyst at Trade Nation.
Wall Street investors are now betting on a quarter-point interest rate cut by the US Federal Reserve, rather than a repeat of the aggressive 50-basis point cut made last month.
US inflation data due later this week will be closely watched for further clues on the Fed's thinking heading into its next policy setting meeting.
Consumer prices will be reported Thursday with producer prices following on Friday.
This week also sees the start of the third-quarter earnings season with a slew of banks and financial institutions being among the first to report.
Earlier, Tokyo and Hong Kong stock markets closed higher, with the former boosted by a softer yen supporting Japanese exporters.
Hong Kong extended a rally fuelled by China's plans to boost its growth, notably by supporting its battered property sector and thanks to interest-rate cuts.
Shanghai was shut for a holiday.
- Key figures around 1545 GMT -
Brent North Sea Crude: UP 3.7 percent at $80.93 per barrel
West Texas Intermediate: UP 3.7 percent at $77.14 per barrel
New York - Dow: DOWN 0.9 percent at 41,954.24 (close)
New York - S&P 500: DOWN 1.0 percent at 5,695.94 (close)
New York - Nasdaq Composite: DOWN 1.2 percent at 17,923.90 (close)
London - FTSE 100: UP 0.3 percent at 8,303.62 (close)
Paris - CAC 40: UP 0.5 percent at 7,576.02 (close)
Frankfurt - DAX: DOWN 0.1 percent at 19,104.10 (close)
Tokyo - Nikkei 225: UP 1.8 percent at 39,332.74 (close)
Hong Kong - Hang Seng Index: UP 1.6 percent at 23,099.78 (close)
Shanghai - Composite: Closed for a holiday
Dollar/yen: DOWN at 148.13 from 148.70 yen on Friday
Pound/dollar: DOWN at $1.3084 from $1.3122
Euro/dollar: DOWN at $1.0973 from $1.0974
Euro/pound: UP at 83.86 pence from 83.61 pence
C.Kovalenko--BTB