Dow Falls 289 Pts: Iran War Lifts Oil
Dow sheds 289 points as Iran war tensions drive WTI crude to $87.25, while February CPI matched forecasts at 2.4% and Oracle's 9% earnings surge anchored the Nasdaq.
Dow sheds 289 points as Iran war tensions drive WTI crude to $87.25, while February CPI matched forecasts at 2.4% and Oracle's 9% earnings surge anchored the Nasdaq.
Dow sheds 289 points as Iran war tensions drive WTI crude to $87.25 per barrel. Feb CPI rose 2.4% on-target while Oracle jumped 9% on earnings.
S&P 500 fell 0.2% and Dow closed at 47,707 as contradictory Iran ceasefire signals drove WTI crude from $119 to $87 and gold surged to $5,200/oz.
Markets staged a 660-point intraday swing as Trump called the Iran conflict "very complete," sending the S&P 500 up 0.83% from a session low of -0.9%.
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