Just caught the JCI bouncing back hard on Thursday after getting hammered for three straight days. Index climbed 133 points to sit above 7,710 now, with banks and cement stocks leading the charge. But honestly, I'm not sure if this momentum carries into Friday - the whole market's getting nervous about energy prices spiking again.



Wall Street was a bloodbath yesterday. Dow dropped nearly 800 points, NASDAQ and S&P 500 both in red territory. The real culprit? Crude oil going absolutely mental. WTI jumped over $81 a barrel, up more than 21 percent just this week. You can trace it back to the Middle East situation - Iran claims it hit a U.S. tanker in the Persian Gulf and is threatening to mess with the Strait of Hormuz. That kind of geopolitical risk gets priced into everything real quick.

Defense Secretary Hegseth's comments about a possible 8-week conflict timeline aren't helping sentiment either. So heading into Friday, Asian markets including Indonesia are probably going to feel that pressure. When energy prices are this volatile and Islamic republic tensions are escalating, traders get skittish. The quotes we're seeing now might just be the beginning of a rougher patch. Watching to see if JCI can hold above support or if we're due for another leg down.
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