US stocks swing as oil prices keep climbing because of the war with Iran
US stocks are experiencing volatility due to the ongoing war with Iran and rising oil prices. The S&P 500 fell 0.3% while the Dow Jones Industrial Average rose 0.3%, as investors worry about the impact of the war on oil and natural gas supplies.
US stocks are swinging due to uncertainty about the war with Iran. The S&P 500 fell 0.3% and the Dow Jones Industrial Average rose 0.3%. Oil prices keep climbing, with the price for a barrel of benchmark US crude oil rising 3.3% to $102.88. The war has caused caution in financial markets, with stock indexes rising in Europe but falling in some Asian markets. The main issue for investors is whether oil and natural gas can resume their full flow from the Persian Gulf. The S&P 500 is roughly 9% below its all-time high, which may be an opportune time for investors to buy.
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