Wall Street Live: US stocks gain as oil prices ease amid Israel-Iran conflict

Wall Street Live: US stocks gain as oil prices ease amid Israel-Iran conflict
Source: www.livemint.com

Wall Street Live: US stocks gain as oil prices ease amid Israel-Iran conflict

The US stock markets ended up more as oil prices were lightweight, there was some relief between the ongoing tension between Israel and Iran. Investors scored around 253 points with Dow Jones Industrial Average, climbed the S&P 500 to 0.87%, and Nasdaq showed renewed confidence with a gain of over 1%. The fall in oil prices helped increase the possibility of long -term inflation and disruption of the energy supply due to the Middle East match. This positive feeling extends into areas, especially in favor of technology and energy shares. In addition, strong revenue reports from large US companies contributed to the mood in the enthusiastic market. Businesses are closely monitoring geopolitical development, but cooling oil prices reduce immediate risk. Marketing participants are careful, but are optimistic, and look forward to further financial data and company revenues that can shape the short guideline. Despite the global uncertainties, Wall Street is now flexible for, supported by positive indicators and relative stability in the commodity markets.

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