BUSINESSQUARTZ
The Dow fell 400 points as oil spikes ahead of today's Fed decision
The Dow fell 400 points as oil prices surged nearly 7% following Iran's missile attack on U.S. forces, complicating the Federal Reserve's rate decision. West Texas Intermediate crude oil spiked ahead of the Fed's policy announcement.
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- Oil prices rise 8%, and Dow drops 800 points after Trump says ceasefire with Iran is 'over'
- Oil prices rise 5%, and Dow drops 500 points after Trump says ceasefire with Iran is 'over'
- Oil prices jump following fighting in the Middle East, while US stocks drift
- The Fed decision today. Iran launched a surprise missile attack. Oil is climbing