Session wrap

Dow plunges 900+ pts on inflation & Iran fears. Tech sell-off worsens, hitting chip stocks hard.

Oil jumps $2 on Strait of Hormuz closure fears. Geopolitical risk premium inflates futures.

investingLive Asia-Pacific FX news wrap: OpenAI is considering major price cuts (WSJ)

Gold plunges 4% amid inflation & rate hike fears; oil jumps on Iran strikes. Gold's bear market deepens.

SpaceX IPO set to mint 4,000 millionaires! Expecting massive returns for employees, but watch for potential housing boom inflation.

Georgia's central bank bought another $100mn in gold, lifting reserves to a record $7bn, as global central banks bought 970 tons in Q1 alone.

Iran fires fresh missiles at Jordan's Muwaffaq Salti base, while Kuwait and Bahrain intercept Iranian missiles and drones in widening regional attacks.