Iran, Israel and Dow
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Stock futures were mixed on Sunday as investors weighed the impact of the escalating Israel-Iran conflict that shows no signs of any potential off-ramps ahead. Oil prices jumped after Israel attack key areas of Iran’s energy infrastructure over the weekend,
An escalating conflict between Israel and Iran has rattled global markets, pushing oil prices sharply higher and sparking renewed fears of stagflation
The S&P 500 and the Nasdaq composite index lost more than 1 percent. The Dow Jones Industrial Average fell 1.8 percent, dragged down by three of its 30 stocks.
The Dow Jones Industrial Average was heading for a weekly loss in early-afternoon trading Friday, with stocks remaining weighed down by worries over Israel’s attack on Iran. The Dow’s 1% drop Friday had it on track to fall 0.
Wall Street's major averages on Friday moved back towards their session lows, amid Israel-Iran tensions. Read more here.
Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy The Big Story Stocks sink as Israel, Iran fire at each other
Keep an eye out for signs of labor-market weakness, as well as the risk that rising oil prices could put more upward pressure on inflation.
Reliance on overseas oil is very much less a factor today than 10 or 15 years ago, says Nomura economist The airstrikes launched by Israel inside Iran will ... operated by Dow Jones & Co ...
while the Dow Jones Industrial Average dropped 770 points, or 1.8%, to 42,198 points. The Nasdaq Composite shed 1.3%. The market slide comes after Israel launched strikes on Iran's nuclear sites ...