Stocks rise and oil prices ease as Wall Street keeps yo-yoing because of the war with Iran
Stocks rose on Wall Street as hopes for a possible end to the war with Iran pushed markets higher, with the S&P 500 rising 0.8% and oil prices easing. The Dow Jones Industrial Average was up 323 points, or 0.7%, and the Nasdaq composite was 1.3% higher, despite uncertainty and ongoing attacks in the region.
Stocks rose on Wall Street due to hopes for a possible end to the war with Iran. The S&P 500 rose 0.8% and the Dow Jones Industrial Average was up 323 points. Oil prices eased, with Brent crude falling 4.3% to below $96. The US military is deploying paratroopers and Marines to the region. Iranian state television reported that Iran rejected America's ceasefire proposal. Stock indexes climbed worldwide, with the Nikkei 225 in Tokyo leaping 2.9%. Companies with big fuel bills rallied thanks to easing oil prices.
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