Dow slides 300 points
Digest more
The Dow and S&P 500 fell as markets reacted to oil prices and the Iran war. The Nasdaq gained on a boost from Oracle.
All three major indexes fell on Friday, but one held up better than expected. The reason has more to do with oil tankers than tech stocks.
Dow Jones today: The Dow Jones Industrial Average rose to 48,133, up about 0.82%, while the S&P 500 climbed to 6,834 and the Nasdaq Composite reached 22,865. Investors returned to equities after oil prices dropped near $84 per barrel,
Oil prices rebounded from session lows as White House denied Navy escorted an oil tanker through the Strait of Hormuz.
US stock benchmarks formed a decent bottom after a rough 10-day stretch. With the ongoing rebound still timid, we attempt to spot if the rebound will pursue. Read more here.
Major stock indexes fell Friday to post losses for a second straight week after a weak jobs report, while oil futures soared as the war in the Middle East intensified.
The US indices continue to see a lot of overhang as far as resistance is concerned, as war and uncertainty will continue to be a major factor.
The Dow, S&P 500, and Nasdaq rebounded sharply after President Trump suggested the conflict in Iran was going to end sooner than expected.
Macroeconomic and sector-specific issues vary significantly. Despite increased complexity around geopolitics, tariffs, and trade, markets, until recently, have been reaching new highs.
Discover how Charles Dow shaped finance as the co-founder of Dow Jones Company, The Wall Street Journal, and the creator of Dow Theory and the DJIA.
US stocks were mixed at the closing bell, with the Nasdaq up 0.1% at 22,716 points, buoyed by a 9% surge in Oracle following its earnings report. The S&P 500 was down 0.1% at 6,775 points and the Dow Jones fell 0.