Stock markets fall and oil jumps as Middle East conflict intensifies and AI boom falters – business live

Economy The Guardian By Graeme Wearden 08 Jun 2026 08:24 1 min read

Rolling coverage of the latest economic and financial news, as South Korea’s KOSPI index slumps by 8% UK companies opting to hire temporary workers over permanent staff, recruitment firms say SpaceX IPO: how can I buy shares, and what are the risks? Shares in European companies at the heart of the AI boom are falling sharply at the start of trading. Chip firms such as Besi – BE Semiconductor Industries – (-4.5%) and ASML (-3.2%) which makes chipmaking machines are among the big fallers on the

Rolling coverage of the latest economic and financial news, as South Korea’s KOSPI index slumps by 8%

UK companies opting to hire temporary workers over permanent staff, recruitment firms say

SpaceX IPO: how can I buy shares, and what are the risks?

Shares in European companies at the heart of the AI boom are falling sharply at the start of trading.

Chip firms such as Besi – BE Semiconductor Industries – (-4.5%) and ASML (-3.2%) which makes chipmaking machines are among the big fallers on the pan-European Stoxx 600 index, which is down almost 0.9%.

Read the full story on The Guardian → Opens the original article on www.theguardian.com

Summary aggregated from The Guardian's public RSS feed. The full reporting belongs to The Guardian — please read it on their site.