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.
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.”
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.
Once the dust clears, the "Mad Money" host said investors could look to AI data centers, memory chips, and discount retailers.
Indian stock markets tumbled on Thursday to extend a sharp selloff, with Sensex dropping up to 950 points and Nifty 50 declining below the 23,600 mark, as further escalations in the war between Iran and Israel-US,
Stocks finish mostly lower on Wednesday as 10- through 30-year Treasury yields jump on the risks of inflation.
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%.