Dow, S&P Dip as Iran Oil Drama Cools
Contradictory Iran ceasefire signals drove WTI crude from a $119 Monday peak down to $87 Tuesday, with the Dow closing at 47,707 and gold surging to $5,200/oz.
Contradictory Iran ceasefire signals drove WTI crude from a $119 Monday peak down to $87 Tuesday, with the Dow closing at 47,707 and gold surging to $5,200/oz.
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%.
Brent crude topped $100/barrel for the first time since 2022. Dow futures plunged 900 points and the Nikkei fell 6.1% as the Iran conflict entered its tenth day.
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