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Oil prices climb back toward $100, but US stocks hang near their records
Oil prices rose toward $100 per barrel amid renewed U.S.-Iran tensions, while U.S. stocks remained near record levels. The S&P 500, Dow Jones, and Nasdaq saw minor declines, but companies like Macy’s and GameStop reported strong quarterly results. Treasury yields increased, adding pressure to the stock market.
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Adjacent reporting
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- Oil prices rise, but not by enough to keep Wall Street from more records
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- Japan, South Korea stocks hit more records, as oil gains on Iran war ending fragility
- Wall Street hangs near its records as profits keep piling up for US companies and oil prices swing
- Japan, South Korea stocks hit more records, as oil gains on Iran war ending fragility