Global markets are experiencing heightened volatility due to escalating Middle East conflicts and disappointing economic measures from China. Oil prices initially surged to a one-month high amid fears of conflict escalation but later dipped. China’s state planner outlined actions to boost the economy but stopped short of announcing major stimulus, leading to a cooling of the Chinese stock rally. The Hang Seng Index ($HSI) plunged nearly 10%, affecting European shares, which hit two-week lows, particularly impacting the luxury and mining sectors. Tickers of interest include $HSI, $CL_F, and $SPX.