Morning Bid: Musk mulls megacap

Oct 21 (Reuters) - It was hard to keep track of global markets from hour to hour on Tuesday, with Brent crude hitting ‌fresh five-month highs before plunging, which rippled through tech-focussed stocks. The crude reversal ‌came after reports of renewed mediation efforts in the Iran war, though statements from Tehran later threw ​cold water on any hopes of an immediate breakthrough.

Oct 21, 2026 - 15:00
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Morning Bid: Musk mulls megacap
Oct 21 (Reuters) - It was hard to keep track of global markets from hour to hour on Tuesday, with Brent crude hitting ‌fresh five-month highs before plunging, which rippled through tech-focussed stocks. The crude reversal ‌came after reports of renewed mediation efforts in the Iran war, though statements from Tehran later threw ​cold water on any hopes of an immediate breakthrough.

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