[MARKET UPDATE]: Crude rallies, weighing on stocks and T-notes, supporting the dollar on little fresh news but does follow Iranian media echoing earlier reports about Houthis and Bab al-Mandab Strait
US BROKER MOVES: META upgraded at JPMorgan; UBER downgraded at Arete
Elevance (ELV) says Q3 adj. EPS is tracking positively of prior outlook through July and August driven by favourable benefit expense performance and broad operating execution
[MARKET UPDATE]: Crude rallies, weighing on stocks and T-notes, supporting the dollar on little fresh news but does follow Iranian media echoing earlier reports about Houthis and Bab al-Mandab Strait
OPEC MOMR (Sep): 2026 demand trimmed, 2027 demand modestly increased; supply forecasts modestly increased
Yemeni Houthis are on the verge of complete control over the Bab al-Mandab Strait with control over the city of "Al-Mukha", IRNA reports
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- The move does come as Iranian press echoes earlier reports, Houthis on the verge of complete control over the bab al-Mandab strait, with control over the city of Al Mukha.
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