Most U.S. stocks fall as oil prices get back to rising
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Most U.S. stocks fell as oil prices resumed rising, causing financial market swings since the Iran war.
How This Affects You
Fluctuations in the stock market could impact your investments and retirement savings.
AI Summary
Most U.S. stocks declined as oil prices resumed an upward trend. Sharp movements in oil prices have caused worldwide financial market swings since the start of the Iran war. These market fluctuations sometimes occur by the hour.
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Economy & Markets
Monitoring the US and global economy including inflation, employment, Federal Reserve policy, trade tensions, market volatility, housing affordability, and the financial pressures facing American households.
Iran & Middle East Conflict
Tracking the evolving military and diplomatic situation across the Middle East, including US-Iran tensions, Israeli operations, proxy conflicts, and the broader geopolitical implications for the region.
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PoliticsTrump a lot more concern about how war and oil prices will affect midterms
Since the war has started, fourteen ships have been hit in the Strait of Hormuz, as Iran vows to carry out an 'oil blockade'. Although oil prices have gone down after sharply increasing, concern remains. French President Emmanuel Macron is calling on G7 leaders to work together to reestablish 'freedom of navigation' in the region as soon as possible. FRANCE 24's Philip Turle looks at the politics of this crisis, and the US strategy.
FinanceCracks emerged in a resilient US economy before war in Iran sent oil prices rocketing - AP News
<a href="https://news.google.com/rss/articles/CBMitgFBVV95cUxNVGZxOGhaUlRKVUVIWkd3QUVubEZPTHFvc3hZeFBBZG1nVXlId1N1d2FlTmNLeVY5bHp0bW1SZ18zZndOa0ExSGZqT3hEQ1NqS0Y1RkgyTWV3ZUpNX2NxeEJmQUxBSDM0YWxTMll6WW1aVm91bGd1SENxa0Z6eWZtTDZyNk1qZjRFS0tJYmRLbVU5UE1KU0UwVzFvSTdYdjlzY3d2c01VNkdYSzlfYl9zMDVsOEtpUQ?oc=5" target="_blank">Cracks emerged in a resilient US economy before war in Iran sent oil prices rocketing</a> <font color="#6f6f6f">AP News</font>
FinanceOil jumps to $100 per barrel and stocks sink worldwide with no clear end in sight for the Iran war - AP News
<a href="https://news.google.com/rss/articles/CBMimwFBVV95cUxPSnFlbERpcHJlaGFFRFkyNkI3b3ZkS3d6NUlvZjdOZlBiSjlZLVR1RUxaQkJLaUxlUjNxYVFNd1FKMU5QbkptUmdwQnp3dWNpeXpCMlZrX1lOLXlRTXRzTXZRYUt4bG9XT2VnQ0VxeXJpc3RDYTU1N1FmQTNXR1lNa2xrM2cySnh3TXllRE5XSTVwdXdDSTNJU3M5RQ?oc=5" target="_blank">Oil jumps to $100 per barrel and stocks sink worldwide with no clear end in sight for the Iran war</a> <font color="#6f6f6f">AP News</font>
FinanceGold holds steady as rising oil prices, inflation woes cap safe-haven demand - Reuters
<a href="https://news.google.com/rss/articles/CBMiqgFBVV95cUxOaGROVUM2T044Mk53SllTWHBIWjVsbnhLU0pRMGNaMU9BYkVvN3otN2RCVFBqSnVIcnphM2RGaEZ3RWhzdHVWUHQ4MkdoOGtTLWZSSHNIcFY5RC1sSHdRUVFlemhmZlRtb1lHai1tVWtPVS1UZW1ELWlLbDE0aENuS3VBa1doTllYMnRkX3BVamJva1JjY2ttUWlLUEdQczlJdGZvbTFMeWh0QQ?oc=5" target="_blank">Gold holds steady as rising oil prices, inflation woes cap safe-haven demand</a> <font color="#6f6f6f">Reuters</font>
GlobalOil expert warns of 'nightmare scenario' Iran war could spark
It was a day of major volatility in global energy markets and a moment of real concern for consumers. Oil prices surged overnight, coming close to $120 a barrel, but by the end of the trading day prices had fallen sharply. Still, the national average price of gasoline per gallon has risen nearly 50 cents since the Iran conflict began. Geoff Bennett discussed the developments with Daniel Yergin.
CorporateJet fuel prices are rising. That could make summer flights more expensive
(The Associated Press) — Jet fuel prices are rising as the war in the Middle East disrupts global oil supplies, putting cost pressure on airlines as the busy summer travel season approaches. Experts say it’s not a question of if airfares will go up, but when, for how long and by how much. The impact may be felt…
Change in Data Sources Led to Lower Inflation Reading
A methodological change contributed to a better-than-expected inflation report, prompting questions from some economists.
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