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Oil prices rise another 3%, while Wall Street drifts in mixed trading
Oil prices rose 3% amid ongoing Iran war tensions, while U.S. stocks showed mixed performance. The S&P 500 gained 0.1%, the Dow rose 0.3%, and the Nasdaq fell 0.1% as companies like Philip Morris and AT&T saw gains, while GE Vernova declined. Rising oil prices, reaching $93.85 per barrel, increased business costs and pressured markets.
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Adjacent reporting
- Oil prices rise another 3%, while Wall Street drifts in mixed trading
- US stocks drift near their records in mixed trading after oil prices fall
- Oil prices climb back toward $100, and US stocks halt their record-breaking rally
- Oil prices climb back toward $100, but US stocks hang near their records
- Oil prices rise, but not by enough to drag Wall Street far off its records