US stocks wobble to an uneven close on uncertainty over length of Iran war
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The US stock market experienced an uneven close due to uncertainty over the length of the war with Iran, with the S&P 500 ending 0.4% lower. Oil prices and Treasury yields rose, while the Dow Jones Industrial Average slipped 0.2% and the Nasdaq composite fell 0.8%.
The US stock market wobbled to an uneven close as uncertainty continues about the war with Iran. The S&P 500 initially fell, then erased its loss, and ended 0.4% lower. The Dow Jones Industrial Average slipped 0.2%, while the Nasdaq composite fell 0.8%. Oil prices rose, with Brent crude up 4.6% to $104.49 per barrel. Treasury yields also rose, with the 10-year Treasury yield climbing to 4.38%. The market's volatility was driven by mixed signals about the war, including continued attacks in the Middle East and Pakistan's offer to facilitate talks.
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