Finance Titans Bet Mideast Resilience Will Outweigh War Fallout

Published on April 10, 2026

Late last month, Blackstone Inc. announced the first inbound Gulf private equity deal since Iran started attacking Middle Eastern hubs, while Citigroup Inc.’s top boss fired off a 600-word memo underlining the bank’s enthusiasm for its business in the region.

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US Stocks’ Seven-Day Rally Stalls Ahead of CPI, US-Iran Talks

April 10, 2026
US equity futures stalled after a seven-day rally as investors weighed whether a fragile truce between Washington and Tehran can hold, and oil headed for its biggest weekly loss in nine months.

Consumer Sentiment Plunges to Record Low

April 10, 2026
Consumer sentiment plunged nearly 11% in April to its lowest level on record, a decline driven largely by the outbreak of the Iran conflict. The Michigan Consumer Sentiment Index fell 5.7 points to 47.6 this month, missing the 51.6 forecast, as consumers explicitly cited geopolitical instability and rising gas prices for the unfavorable shift in the economy.