Stocks fall and oil rises as Wall Street swings back to doubt about a possible end to the Iran war
Stocks fell and oil prices rose as Wall Street expressed doubt about a possible end to the Iran war. The S&P 500 fell 0.8% and the Dow Jones Industrial Average fell 225 points, while crude oil prices rose about 4%.
Stock markets fell on Thursday as doubt grew about a possible end to the Iran war. The S&P 500 fell 0.8% and the Dow Jones Industrial Average fell 225 points. Oil prices rose about 4%, with Brent crude reaching $100.61 per barrel. The rise in oil prices lifted shares of energy producers. The US and Iran hardened their positions, with Iran issuing its own plan for a ceasefire. The plan includes a halt to killings of its officials and reparations for the war.
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