US stocks swing through another shaky day as oil prices keep climbing
US stocks experienced a shaky day as oil prices continued to climb due to uncertainty about the end of the war with Iran. The S&P 500 slipped 0.4% and the Nasdaq composite fell 0.7%, while the Dow Jones Industrial Average added 49 points.
US stocks swung on Monday as oil prices kept climbing. The S&P 500 slipped 0.4% and the Nasdaq composite fell 0.7%. The Dow Jones Industrial Average added 49 points. Oil prices rose 3.3% to $102.88 per barrel. The mixed movements followed a whirlwind of action in the war over the weekend. President Donald Trump said great progress has been made, but also threatened the possibility of blowing up Iranian power plants if a deal is not reached. The S&P 500 finished 9.1% below its all-time high. The Dow and Nasdaq were more than 10% below their records. The yield on the 10-year Treasury fell to 4.35% from 4.44% late Friday.
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