Crude soars as Iran attacks Israel

Crude prices spike after Iran launches close to 200 missiles at Israel in retaliation for the killing of Hezbollah Hassan Nasrallah. In New York, Vice-Presidential candidates JD Vance and Tim Walz go head-to-head in what is likely the last debate of the presidential race. The pair clashed on immigration, foreign affairs and economic policy. The Nasdaq drags Wall Street down with stocks beginning Q4 in the red. JOLTs numbers show an unexpected rise in August jobs openings. In Asia, the Hang Seng returns from a one-day holiday in the green. Beijing’s recent stimulus measures push property stocks almost 15 per cent higher. And in retail news, Nike withdraws its FY forecast and postpones its investor day, causing its shares to tank almost 6 per cent in extended trade.