US stocks close Thursday mixed amid uncertainties related to Iran war
US stocks closed mixed on Thursday amid ongoing tensions with Iran, with the Dow Jones down 0.13% and the Nasdaq and S&P 500 posting slight increases. The uncertainty surrounding the US-Iran conflict has led to rising oil prices and concerns about inflationary pressures and the US Federal Reserve's monetary policy outlook.
The New York Stock Exchange ended the week with mixed results. The Dow dropped by 0.13% to 46,504.67, while the Nasdaq rose by 0.18% to 21,879.18 and the S&P 500 saw a slight increase of 0.11% to 6,582.69. The Volatility Index fell by 2.73% to 23.87. Oil prices rose following US President Donald Trump's remarks on Iran, with Brent crude up 7.6% to $108.90 per barrel and West Texas Intermediate crude up 11.6% to $111.80 per barrel. European stocks mostly declined, with the pan-European Stoxx Europe 600 index losing 0.18% to 596.63 points. The UK's FTSE 100 increased 0.69% to 10,436.29, while other European markets posted declines.
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