Oil spikes as US-Iran tensions widen, gold climbs and stocks wobble
TL;DR Summary
Oil surged to multi‑month highs as US–Iran tensions widened, with Brent up about 6.7% to $77.74 a barrel and WTI around $71.23. Gold rose roughly 2% as investors sought havens and the dollar strengthened. US stocks were mixed on the day, with the Dow dipping about 0.15% while the S&P 500 and Nasdaq edged higher, as traders weigh potential disruptions to energy markets and broader economic impact from the Middle East conflict.
- US stocks recover, gold rises and oil surges as war with Iran spreads CNN
- How Markets Responded to Conflict in the Middle East WSJ
- Stock market today: Dow, S&P 500, Nasdaq recover from major sell-off as Wall Street watches Iran fallout Yahoo Finance
- Wall Street ends narrowly mixed, trading volatile after air strikes on Iran Reuters
- Asia Poised for Weak Open After Treasuries Sink: Markets Wrap Bloomberg.com
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