U.S. stock markets fell, and oil rose, as Persian Gulf hostilities flared. The Dow finished down 1.1%, losing more than 550 points. The S&P 500 was down 0.4% and the tech-dominated NASDAQ finished 0.2% lower. U.S. crude oil benchmark West Texas Intermediate futures surged 3.2% to $105.25 per barrel by 4 p.m. ET. Global benchmark Brent crude climbed 5.8% to $114.44 per barrel.
- Stock Market Today: Major Indexes End Lower, Oil Jumps on Middle East Developments; UAE Says It Intercepted Iranian Missiles; Dow Sheds 550 Points – Investopedia
- Stock market today: Dow, S&P 500, Nasdaq slip, oil surges as Middle East attacks escalate – Yahoo Finance
- S&P 500 falls from record high on Middle East worries – Reuters
- Wall Street falls from its records and oil prices jump after fighting flares in the Middle East – AP
- Oil prices jump 6% as Iran sets UAE oil port ablaze, strikes vessels in Strait of Hormuz – Reuters
- Stocks end lower as Trump sends new warning to Iran against attacks on U.S. vessels – MarketWatch
- Korean ship on fire in strait, Iran hits UAE oil port after Trump says Navy will help ships cross; Iran’s unified command told commercial ships, oil tankers to refrain from movement not coordinated with Iran’s military
- Oil prices jump 5% as Iran attacks UAE, vessels in Strait of Hormuz
- NASDAQ Composite Index (COMP) – NASDAQ
- NASDAQ 100 – NASDAQ
- S&P 500 – Yahoo Finance
- Dow Jones Industrial Average – S&P Global DJIA
- NYSE Composite – New York Stock Exchange
Iranian and U.S. accounts varied regarding military action in the Persian Gulf. Yet, despite what had been a would-be ceasefire, there have been reports of one or more attacks on Strait of Hormuz shipping, U.S. attacks on Iranian small boats, and Iranian attacks on the UAE, including a UAE oil port.