US EditionUS stocks edge lower as oil prices return to rising
- U.S. stocks are slightly decreasing, with the S&P 500 down 0.3% on Tuesday.
- Oil prices are rising again, following a roughly 7% increase on Friday due to concerns over potential disruptions in crude supply from Iran.
- Higher oil prices typically benefit solar industry stocks, as they encourage a shift to alternative energy, according to market analysts.
- Traders and economists expect the Federal Reserve to take no action during the current trading period.
54 Articles
54 Articles
The Sun (Lowell)
US stocks drift lower as oil prices return to rising
By STAN CHOE, AP Business Writer NEW YORK (AP) — U.S. stock indexes are drifting lower on Tuesday, while oil prices rise again. The S&P 500 was down 0.3% in midday trading following signals that one of the U.S. economy’s main engines, spending by households, is weakening while Israel’s conflict with Iran may be worsening. The Dow Jones Industrial Average dipped by 39 points, or 0.1%, as of 11:20 a.m. Eastern time, and the Nasdaq composite was 0.…
The Columbian
US stocks edge lower as oil prices return to rising
NEW YORK (AP) — U.S. stocks are nudging lower on Tuesday, and oil prices are rising again. It’s a modest return to form for financial markets after worries had seemed to calm on Wall Street Monday. Read more...
The blue went up to $1,200, but the financials went down.
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