#News #Reuters #Newsfeed - Crude slips, Big Tech earnings begin and China's economy accelerates | Reuters Morning Bid

19 October 2026

Oil markets open the week on edge after ships hitting mines in the Strait of Hormuz helped drive crude to $110 on Friday, while Ukraine struck a major Russian oil installation near St. Petersburg over the weekend. On Wall Street, Meta's Wednesday earnings report arrives after a brutal week for tech stocks, with the SOX index shedding more than 10% on concerns about AI-related debt. #News #Reuters #Newsfeed

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