Stocks moved sharply higher Monday morning, recovering from steep losses the previous session, as investors keep close tans on the latest developments in the ongoing conflict between Israel and Iran.

Futures on Wall Street are currently in cautious mode as they await further details on the ongoing hostilities between Israel and Iran, which have now entered the fourth day. Futures of all three indices are currently trading at the flat line,

The stock market was bouncing back on Monday amid some reprieve in the surge in oil prices as global markets sized up the conflict between Israel and Iran. The Dow Jones Industrial Average was up 230 points,

However, safe-haven gold bullion ETF SPDR Gold Trust (GLD) advanced 3.6% (read: S&P 500 ETFs Hover Near Record Highs: 5 Stocks Aiding the Rally). Last week, Israel launched a series of airstrikes on Iran’s nuclear and ballistic missile facilities,

OPEC Faces Test as Middle East Tensions Mount Analysts said OPEC might not see any urgency to shift policy, as the surge in prices was driven ... (END) Dow Jones Newswires June 13, 2025 17:15 ...