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US stocks finished mixed and oil surged following Trump's speech on Iran - Newsquawk Asia-Pac Market Open
Read with caution - this story is only being covered by one news source that has a ‘low factuality’ rating, which means the outlet has a history of poor reporting practices. Learn more about factuality ratings here.12 Articles
12 Articles
Stock and oil markets disagree–I think the oil market has it “righter”
When asset classes that are “supposed” to move together diverge, it gets my attention. The markets are trying to tell me something. Which is what happened with stocks and oil on Thursday, April 2, after President Donald Trump’s speech on the war with Iran.
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U.S. stock market swings sharply as Iran conflict fuels oil spike, inflation fears
The U.S. stock market was volatile on Thursday, sliding steeply at the start before trimming most of those losses by midday, though they remained slightly in the red. The S&P 500 dipped roughly 0.2% to near 6,560, while the Dow Jones Industrial Average shed about 150 points, or 0.4%. The Nasdaq also moved lower by around 0.4%. Earlier trading saw all three benchmarks down more than 1% before staging a partial comeback. Despite the turbulence, an…
US stocks showed mixed results on Thursday. At the close of trading in New York, the Dow Jones Industrial Average was at 46,505 points, down 0.1 percent from the previous trading day. A few minutes earlier, the broader S&P 500 was up 0.1 percent at around 6,583 points, while the tech-heavy Nasdaq Composite was at around 24,046 points, also up 0.1 percent. The Iran nuclear deal and the repercussions of the Strait of Hormuz closure continue to dom…
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