US Stock Market LIVE Updates: Dow gains nearly 200 points as oil trades into the red despite US bombing of Iran

6 hours ago

HomeMarket NewsUS Stock Market LIVE Updates: Dow gains nearly 200 points as oil trades into the red despite US bombing of Iran

US Stock Market LIVE Updates: Wall Street kicked off the week with small moves in stocks as investors weighed the risk of Iran disrupting Middle East oil flows in response to American strikes on its nuclear infrastructure. Oil trimmed most on an earlier surge. Treasuries and the dollar rose. The S&P 500 fluctuated. Brent initially surged as much as 5.7% to $81.40 a barrel in heavy trading, but later dropped to around $77.

 Dow gains nearly 200 points as oil trades into the red despite US bombing of Iran

US Stock Market LIVE Updates: Wall Street kicked off the week with small moves in stocks as investors weighed the risk of Iran disrupting Middle East oil flows in response to American strikes on its nuclear infrastructure. Oil trimmed most on an earlier surge. Treasuries and the dollar rose. The S&P 500 fluctuated. Brent initially surged as much as 5.7% to $81.40 a barrel in heavy trading, but later dropped to around $77. Despite the uncertain outlook for inflation related to energy prices, US bond yields dropped across the curve, with traders slightly lifting bets on Federal Reserve rate cuts. Gold wavered.

Watch this space for more live updates.

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