Stock Markets Mixed, Oil Prices Surge
Vancouver News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Stock markets show mixed signals after worst week since Iran war began, with S&P 500 and Dow climbing, while Nasdaq dips. Global markets vary, with Asia taking hits. Oil prices surge, causing investor concern over inflation. President Trumps mixed messages on Iran progress and military action add to market uncertainty. S&P 500 is in correction territory, seeming 17% cheaper based on expected profits. Bond yields ease slightly, with ten-year Treasury at 4.35%. Alcoa shares surge on hopes of Middle East revenue boost. Markets await further developments in the Gulf.
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