Oil prices jump 7% and stocks drop
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Reuters on MSN8h
Equities end higher as oil prices pull back on truce hopesU.S. stocks closed higher on Monday, as oil prices retreated after the Israel-Iran attacks left crude production and exports unaffected, easing investor concerns about the potential for higher energy prices to stoke inflation.
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.
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Stocks may snap longest winning streak in 20 years as futures dip while OPEC+ crushes oil pricesCrude oil prices tumbled after OPEC+ agreed to expand production further. U.S. stock market futures dipped Sunday night, putting the S&P 500's winning streak at risk after the broad market index ...
NEW YORK (AP) — Stocks closed lower on Wall Street Monday, breaking a nine-day winning streak, as oil prices hit a four-year low after the OPEC+ group announced plans to increase output. The ...
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Zacks.com on MSNIs Oil States International (OIS) Stock Undervalued Right Now?Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value,