Top global stories last week: Vodafone, easyJet among major names

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Most stock indexes ended the week lower as more weakness in the tech sector matched with an uncertain macroeconomic outlook. U.S. strikes on Iran and retaliatory drone attacks meant ongoing supply risks around the Strait of Hormuz. The technology sector was under

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Global stock markets closed lower last week due to a combination of weakness in technology stocks and macroeconomic uncertainty. In particular, geopolitical tensions between the U.S. and Iran over the Strait of Hormuz have highlighted supply chain risks. Investors should consider a defensive portfolio reallocation amid the dual pressures of geopolitical instability and a correction in tech stocks.

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The market is currently facing a correction driven by cooling sentiment toward technology stocks and rising risk premiums from geopolitical hotspots. Concerns over the Strait of Hormuz are disrupting global supply chains, while high interest rate environments continue to weigh on valuation-sensitive tech sectors.

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