US EditionStocks tumble, oil soars as Israel’s strike on Iran roils investors
- Wall Street declined sharply as the S&P 500 fell over 1% amid fears of escalating conflict following Israel's airstrikes on Iran's nuclear facilities.
- Iran launched hundreds of missiles at Israel in response to Israeli airstrikes, marking a significant escalation in the regional conflict.
- Oil prices increased by over 7% as tensions escalated following Iran's missile retaliation against Israel's airstrikes on its nuclear sites.
- Market analysts worry that rising oil prices could slow global growth and heighten inflation.
18 Articles
18 Articles
US stocks slide, oil prices soar after Israel strikes Iran
NEW YORK, United States — Oil prices soared and US stocks sank Friday after Israel had launched strikes on Iran, prompting retaliation from Tehran and stoking fears of a full-blown war. Oil futures rocketed more than 13 percent at one point before coming back to gains nearer 7 percent, reigniting worries about a renewed spike
The FTSE 100 index closed down 34.29 points, 0.4%, at 8,850.63.
Oil prices surge as Israel-Iran conflict escalates
KEY TAKEAWAYS: Oil prices jumped over 6% amid Israel’s strike on Iran Dow fell 674 points; S&P 500 dropped 1% Travel and leisure stocks tumbled, while oil producers rose Investors shifted to gold as a safe haven Oil prices are leaping, and stocks are falling Friday on worries that Israel’s attack on Iranian nuclear and military targets could escalate further and damage the flow of crude around the world, along with the global economy. The …
Stocks Retreat as Havens Rally After Iran Strike: Markets Wrap
(Bloomberg) -- A tempered rush to safety swept global markets after Israeli airstrikes on Iranian nuclear targets, with oil notching the biggest moves as traders stayed on edge for signs of an escalating confrontation.
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