US stock markets fall amid Iran strikes and potential higher interest rates
Dow down 1.09%, or 500 points, as S&P 500 sees a small loss and tech-heavy Nasdaq rises slightly
Dow down 1.09%, or 500 points, as S&P 500 sees a small loss and tech-heavy Nasdaq rises slightly
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WASHINGTON, July 8 (Reuters) - Stocks were mostly lower and oil prices rose on Wednesday after U.S. President Donald Trump said the interim peace deal with Iran was "over" and the U.S. announced fresh military strikes.
The oil market has resembled a roller coaster this year. Recently, the brakes came off and crude oil prices rapidly plummeted due to the potential end of the Iran war, which had kept the entire Middle East and global ec…
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Gas prices could rise after President Donald Trump said the U.S. ceasefire with Iran was over and suggested more strikes could follow.
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Brent crude spikes to a daily high of $79.26, gas prices rise, stock markets slide and government bond yields surge on inflation and rate hike fears