Stocks Fall, Oil Prices Surge
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That sent the yield on the 10-year Treasury up to 4.41% from 4.36% late Thursday. Higher yields can tug down on prices for stocks and other investments, while making it more expensive for U.S. companies and households to borrow money.
Middle Eastern markets dropped on Sunday as investors signaled growing concerns of a wider conflict amid tit-for-tat attacks by Israel and Iran.
The International Energy Agency is "actively monitoring the impact on oil markets from the Israel-Iran situation," executive director Faith Birol said in a post on X Friday. "Markets are well supplied today but we're ready to act if needed,
As with any Commander-in-Chief working in the Oval Office, President Trump's policies undoubtedly have an impact on the stock market. Benchmarks like the S&P 500 and Nasdaq Composite did
The Nifty opened 415 points lower below the 24,500 mark, while the Sensex saw a drop of over 1,200 points in the early minutes of trading. The Midcap index has also declined by a similar quantum, while the Smallcap index is down by 400 points at the start of trade.
NEW YORK (Reuters) -Dual risks kept investors on edge ahead of markets reopening late on Sunday, from heightened prospects of a broad Middle East war to U.S.-wide protests against U.S. President Donald Trump that threatened more domestic chaos.