Oil prices climbed following the latest rise of U.S.-Iran tensions, but the moves were more modest than they were earlier in the war.
U.S. stocks meanwhile gave back a bit of their record-breaking rally Monday. The S&P 500 fell 0.2 percent from its all-time high. The Dow Jones Industrial Average slipped less than 0.1 percent, and the Nasdaq composite lost 0.3 percent.
The price for a barrel of Brent crude oil topped $95 again. The relatively muted moves suggest investors still see a possibility of a U.S.-Iranian agreement that could get oil flowing again from the Middle East to customers worldwide.
On Monday:
The S&P 500 fell 16.92 points, or 0.2 percent, to 7,109.14.
The Dow Jones Industrial Average fell 4.87 points, or less than 0.1 percent, to 49,442.56.
The Nasdaq composite fell 64.09 points, or 0.3 percent, to 24,404.39.
The Russell 2000 index of smaller companies rose 16.06 points, or 0.6 percent to 2,792.96.
For the year:
The S&P 500 is up 263.64 points, or 3.9 percent.
The Dow is up 1,379.27 points, or 2.9 percent.
The Nasdaq is up 1,162.40 points, or 5 percent.
The Russell 2000 is up 311.05 points, or 12.5 percent.
The views and opinions expressed are those of the authors. They are meant for general informational purposes only and should not be construed or interpreted as a recommendation or solicitation. The Epoch Times does not provide investment, tax, legal, financial planning, estate planning, or any other personal finance advice. The Epoch Times holds no liability for the accuracy or timeliness of the information provided.
