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Thursday, October 8, 2026

Stock Market News

07 Oct 2026

Gulf Stock Markets Lower as Saudi-Houthi Tensions Intensify

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Most Gulf stock markets ended lower on Wednesday as fighting between Yemen's Iran-aligned Houthis and Saudi-backed government forces intensified on several fronts.Saudi-backed Yemeni government forces are pushing a major offensive to retake ground lost to weeks of Houthi advances, backed by stepped-up Saudi air strikes.The Houthis struck Aden International Airport on Wednesday with ballistic missiles and explosive drones, Yemen's Transport Ministry said, marking a sharp escalation…

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