Stocks slump and oil prices jump
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The energy sector is holding its own with the S&P 500, thanks to surging natural gas stocks. Oil stocks may start to catch up though.
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Daily Maverick on MSNStocks Slip, Oil Jumps as Trump Calls for Tehran Evacuation(Reuters) - U.S. stock futures slipped and oil prices rose on Tuesday, as investors were rattled by U.S. President Donald Trump's call for everyone to evacuate Tehran with the fifth-day of Israel-Iran fighting sowing fears of a broader regional conflict.
NEW YORK (AP) — Some calm is returning to Wall Street, and U.S. stocks are rising on Monday, while oil prices are giving back some of their initial spurts following Israel’s attack on Iranian nuclear and military targets at the end of last week.
Stocks fell on Tuesday as Trump signaled that the U.S. could enter the war between Israel and Iran.
Oil prices leaped, and stocks slumped on worries that escalating violence following Israel’s attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with the global economy.
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US stocks closed higher as Iran aims to deescalate the clash with Israel. Oil prices eased. Fed meets on rates this week. No one expects a rate cut.
Investors are regaining some appetite for risk amid rising optimism that the conflict won't spill over into a broader regional crisis.
Stocks fell and the price of oil spiked on Tuesday after a series of posts from President Donald Trump had Wall Street worried again about an escalation in the conflict between Israel and Iran. The Dow Jones Industrial Average fell 299 points,