Stock market remains calm, even
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Major stock indexes ended mostly lower Wednesday as oil futures rose, even though the International Energy Agency decided to release a massive amount of strategic reserves to stabilize prices.
US indices slip midday as oil prices and war risks pressure sentiment. Nasdaq 100 stalls between major averages as traders watch $100 crude for stock market direction.
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Stock market today: Dow sinks as oil jumps amid US.-Iran war; Oracle soars (live coverage)
The Dow Jones index drops Wednesday as oil prices rise. AI stock Oracle surges on earnings.
Stocks rallied and oil fell after CBS News reported that President Trump said the U.S.-Israeli war with Iran was “very far ahead of schedule” and “very complete, pretty much.”
Futures linked to the Dow Jones Industrial Average fell 461 points, or nearly 1%. S&P 500 futures lost roughly 0.9%, while Nasdaq 100 futures also dropped 0.9%.