New York Stock Market Opens Mixed Amid U.S.-Iran Conflict
4 Articles
4 Articles
On the 17th (local time), the three major indices of the New York stock market fell across the board in the wake of soaring international oil prices caused by renewed tensions between the U.S. and Iran. Instability in the Middle East pushed up both oil prices and U.S. Treasury yields, placing a burden on the stock market, which had recently hit all-time highs.
The American exchanges closed this Monday (17) in fall, pressured by the advance of oil prices in the midst of the spraying of hostilities in the Persian Gulf. The fiscal fears in the US and the consequent advance of interest in the securities of the American Treasury (Treasuries), especially the ultralong ones, also penalized the indices, which came to find momentary support in the good performance of some of the main names of the technology se…
(Seoul = Yonhap News) Reporter Yoon Jung-won, Yonhap Infomax = The three major stock indices of the New York stock market [are] [due to] the ongoing conflict between the U.S. and Iran and expectations for artificial intelligence (AI), etc. ...
The New York stock market opened mixed this week. Tensions in the Middle East and potential sanctions against Iran affected the markets, while the Fed's New York manufacturing index exceeded expectations, reaching a four-year high. Brent oil rose, and artificial intelligence stocks gained value.
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