Stocks & Markets

US stocks waver in shaky trading as oil prices keep climbing

North America / United States0 views1 min
US stocks waver in shaky trading as oil prices keep climbing

US stocks experienced a shaky trading day as oil prices continued to rise due to uncertainty about the end of the war with Iran. The S&P 500 fell 0.1% in afternoon trading, while the Dow Jones Industrial Average was up 0.3% and the Nasdaq composite was 0.5% lower.

US stocks are swinging as oil prices keep climbing due to uncertainty about the war with Iran. The S&P 500 fell 0.1% in afternoon trading, coming off its worst week since the war began. The Dow Jones Industrial Average was up 136 points, or 0.3%, and the Nasdaq composite was 0.5% lower. Oil prices rose 2.3% to $107.72 per barrel. President Donald Trump said great progress has been made in talks, but also threatened to take action if a deal is not reached. The mixed movements in the stock market followed gains in European markets and sharp falls in some Asian markets.

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