Investors raced on Tuesday to gauge whether the Middle East conflict would remain contained or become a longer, more disruptive economic shock. The S&P 500 was down nearly 1%. Worries about higher fuel costs hurt airlines and cruise-line companies. Here's what investors are watching, in charts. _** 

New teams will have a “flat structure” with up to 50:1 ratio of individual contributors to managers, according to an internal memo. 

Shares of some of the biggest private-credit managers dropped sharply Tuesday after Blackstone said outflows topped inflows by a record amount in its largest private-credit fund last quarter. Blackstone shares dropped as much as 8.8% to trade down almost 50% from their 2024 all-time high. Blue Owl