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US Stocks Slip as Wall Street Waits for the Next Signal on How Long War with Iran May Last
Wall Street investors await clearer signs from Iran amid volatile oil prices that have caused sharp market swings and raised fears of prolonged energy disruptions.
- On Tuesday, U.S. stocks drifted lower as traders awaited a signal on when the war with Iran may end and oil-price spikes would ease, with oil at $91.47.
- The Strait of Hormuz, which carries about a fifth of global oil, has been disrupted as Iran launched new attacks Tuesday and a Revolutionary Guard spokesperson said 'Iran will determine when the war ends'.
- The S&P 500 slipped 0.4% in morning trading, Vertex Pharmaceuticals jumped 8.9%, Kohl's rose 7.3%, and the 10-year Treasury yield edged down to 4.11%.
- Stock markets in Asia and Europe initially jumped after President Donald Trump's late Monday remarks and easing oil prices, but economists warn high oil could cause 'stagflation' and squeeze companies and households.
- Historically, U.S. markets have tended to recover from conflicts if oil prices fall back, but hour-to-hour market swings complicate investors’ decisions amid uncertainty over the conflict’s duration.
21 Articles
21 Articles
NEW YORK (AP) — The U.S. stock market held steady Tuesday as Wall Street awaited the next signal on when the war with Iran might end.
US stocks slip as Wall Street waits for the next signal on how long war with Iran may last
U.S. stocks eased lower as investors wait for the next signal on when the war with Iran may end. The S&P 500 fell 0.2% Tuesday after giving up an early gain. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite was essentially flat. Oil prices pulled back from where they were in the final moments of the U.S. stock market’s trading late Monday. That was after they plunged from nearly $120 per barrel toward $90 on hopes for a qu…
US stocks hold steadier as Wall Street waits for the next signal on how long war with Iran may last
The U.S. stock market is holding steadier as Wall Street waits for the next signal on when the war with Iran may end. The S&P 500 added 0.4% Tuesday. The Dow Jones Industrial Average rose 244 points, and the Nasdaq…
Don't buy the dip in stocks before the US-Iran war flashes this signal
Michael M. Santiago/Getty ImagesTrump looks like he's trying to engineer a TACO rally in stocks, but it may not be time to buy the dip.Investors should wait for Iran to signal it's ready to negotiate, BCA Research said.Iran is incentivized to keep the conflict going, possibly through the end of the week, the firm wrote.Donald Trump has signaled the US-Iran war may be nearing an end, but the president's turnaround isn't quite the TACO moment in s…
Idaho Press
Calm returns to US stocks as Wall Street waits for another signal on how long war with Iran may last
The U.S. stock market is calming as Wall Street waits for the next signal on when the war with Iran may end. The S&P 500 added 0.1% Tuesday. The Dow Jones Industrial Average rose 49 points, and the Nasdaq composite…
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