Stocks tumble after Saudi oil attack hits demand for risky assets

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The Dow Jones industrial average, S&P 500 index, and Nasdaq composite all fell during US trading on Monday.

Stocks fell on Monday amid a spike in oil prices following a drone strike on two of Saudi Arabia's key production facilities. The rally sent investors fleeing equities in favor of safe haven assets like gold and US Treasurys. General Motors fell as much as 5% after the United Auto Workers launched its first strike in 12 years. Visit the Markets Insider homepage for more stories.

Stocks fell on Monday amid a spike in oil prices following a drone strike on two of Saudi Arabia's key production facilities. The rally sent investors fleeing equities in favor of safe haven assets like gold and US Treasurys. General Motors fell as much as 5% after the United Auto Workers launched its first strike in 12 years. Visit the Markets Insider homepage for more stories.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Saudi, Gulf stocks fall after attack on Aramco oil plantsSaudi stocks plunged 2.3% as the market opened on Sunday, after attacks ... Very sad for Saudi stocks. Great news Oh very sad.
Source: Reuters - 🏆 2. / 97 Read more »

Saudi, Gulf stocks fall after attacks on Aramco oil plantsSaudi stocks fell sharply on Sunday, after attacks on two plants at the heart of... Real courage adjust the nerves. يشتوا يتوهونا:الطائرات المسيرة التي قصفت بقيق وخريص بالسعوديه جأت من ايران ؛لاالعراق لاالبحرين !!؟مايهمنا إنها حققت هدفها؛والاهم ان الاستهداف هو رد للعدوان السعودي الامريكي على اليمن المستمرمنذ خمس سنوات اليمن_شفت_الدبل_قيق What is your intention about not using the complete name of “Persian Gulf”
Source: Reuters - 🏆 2. / 97 Read more »

Oil stocks in Asia Pacific surge as drone attacks disrupt Saudi productionDrone attacks over the weekend knocked out about half of Saudi Arabia's daily crude production, causing oil prices to shoot up. Big deal Saudi Aribea is a nice country , they do their best to bring oil to all the world easily with a fair price . Our mission at is to build the social media platform that ends fake news
Source: CNBC - 🏆 12. / 72 Read more »

Stocks are plunging as traders pile into havens after a drone strike slashed Saudi oil outputEuropean equities and US futures dropped as traders reacted to the oil spike by selling riskier assets and fleeing to safety. Gold surged. What's the sureness? Holding short positions 🤙🏽
Source: BusinessInsider - 🏆 729. / 51 Read more »

European stocks suffer from Saudi attacks, but oil firms soarEuropean shares fell on Monday after four straight sessions of gains as attacks ... Oil future trading is up 👍 Follow the money... This is an inside job. Follow the money. Con job
Source: Reuters - 🏆 2. / 97 Read more »

Wall Street set to open lower after Saudi attacks; energy stocks surgeWall Street was set to open lower on Monday as the weekend attack on Saudi Arabi... Nixon froze gas prices---let that sink in simple but powerful illustration of the consequences. you can be a billionaire also in this way, i mean loosing much money. like i always say the business have 2 faces. destroy to rebuild, or invest to improve. anyway. if you want to find out who was behind the attacks maybe look at who made really big plays in energy stocks recently
Source: Reuters - 🏆 2. / 97 Read more »