Stocks Slip, Oil Edges Higher in Muted Response to U.S. Attacks on Iran
The stock market’s response to U.S. strikes on three Iranian nuclear sites was muted at the open on Monday.
The Dow Jones Industrial Average was down 36 points, or 0.1%. The S&P 500 was flat. The Nasdaq Composite was down 0.1%.
Brent crude oil futures rose 0.4% to $77.30 a barrel. Oil prices had already spiked in recent sessions as Wall Street weighed the possibility of an escalation of the conflict in the Middle East. Oil was trading around $62 a barrel at the start of June.
Latest News
- Carlyle’s Private-Credit Arm Signs Up to $2 Billion Deal With Diversified Energy
- B. Riley Securities Raises Lam Research (LRCX) PT to $115, Keeps Buy Rating
- Congress Just Gave This IPO Stock a Major Boost. Should You Buy Shares Here?
- Booking Holdings, Etraveli Group Extend Partnership for 8 Years to Enhance Global Flight Offerings
- 2 Top AI Stocks to Sell Before They Fall 57% and 8%, According to These Wall Street Analysts
- AMD, Keysight Technologies Collaborate to Develop PCIe 6.0 for High-Speed AI Applications
