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Wall Street Live: US Stocks Gain as Oil Prices Ease Amid Israel-Iran Conflict
US stocks rose as investors recovered from the Israel-Iran conflict, with the Dow Jones up 0.75% to 42,515.09, Nasdaq up 1.52%, and S&P 500 up 0.94% to 6,033.11.
The conflict led to at least 24 Israeli and 224 Iranian deaths from missile attacks since Friday, escalating regional tensions.
Investor sentiment improved due to easing oil prices, with Brent crude oil prices retreating by 2.27% amid worries.
US stocks increased as the market adapted to the Israel-Iran conflict, with the Dow Jones Industrial Average rising by 0.75% to 42,515.09, according to reports from Wall Street.
The Tel Aviv 35 index rises by about 0.6%, trading around record levels • Bank and insurance indices climb by over 1% • Renewable energy stocks fall • Against the backdrop of recent developments in the Israel-Iran war, defense stocks are recording declines • How will the war affect inflation? • Also: Analysts assess how the conflict between Israel and Iran will affect overseas markets
The Dow Jones index rose 0.75% to 42,515.09 points, the S&P 500 advanced 0.94% to 6,033.11 points, and the Nasdaq electronic index climbed 1.52% to 19,701.21 points.