https://www.live-feeds.com/feed/markets-sell-off-worldwide-as-further-conflict-looms-in-the-middle-east-and-elon-musk-cuts-capex-guidanceContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/markets-sell-off-worldwide-as-further-conflict-looms-in-the-middle-east-and-elon-musk-cuts-capex-guidancehttps://www.live-feeds.com/feed/markets-sell-off-worldwide-as-further-conflict-looms-in-the-middle-east-and-elon-musk-cuts-capex-guidance#u155994Mon, 26 Oct 2026 11:16:40 +0000Global markets tumbled as mounting conflict in the Middle East drove oil prices to their highest levels since May. Brent crude climbed past 113 dollars a barrel following deadly attacks in Saudi Arabia. Meanwhile, the tech-heavy Nasdaq slid as investors worried about the sustainability of massive artificial intelligence spending. Tesla announced reduced capital expenditure guidance, weighing on expansion plans and trader sentiment. Major indexes suffered heavy losses, with the S&P 500 falling 1.2 percent, the Nasdaq 100 dropping 2.9 percent, and a key semiconductor index plunging 6.7 perce