Stocks end mostly lower as Iran sanctions hurt oil sector

U.S. stocks ended mostly lower on Monday, with only the blue-chip Dow managing to hold onto slight gains, as geopolitical tensions in the Middle East weighed on the oil sector. The Dow Jones Industrial Average was up 9 points, or less than 0.1%, to around 26,728, based on preliminary numbers. The S&P 500 SPX, -0.17% was down 0.2% to finish around 2,945. The Nasdaq Composite fell 0.3% to end around 8,006. President Donald Trump signed an executive order sanctioning Iran's leaders. The U.

and Iran have been stuck in a simmering dispute over attacks on tankers near the Strait of Hormuz and the downing of a U.S. drone last week. U.S. oil futures CLQ19, +0.71% settled higher on Monday, even as energy stocks were among the worst performers for the day. Investors were mostly focused on the upcoming G-20 meeting at the end of the week, with many hoping President Donald Trump and Chinese counterpart Xi Jinping will reach a deal to prevent a further escalation in trade tensions.

As I predicted! -KnightHorse 🦅

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Stocks in Asia set to trade lower; US-Iran tensions continue to lingerStocks in Asia Pacific were set to trade lower on Monday morning, while tensions between the U.S. and Iran continued to linger after the latter shot down an American surveillance drone. No Gold Bullion Available for sale in most of China. Not just a rumor, now confirmed... About time people around the world got SERIOUS about the Central Bank, our FED financial debacle. We now know you can QT, must Print and that folks, leads to failed currency. Save Gold !!!! Go figure many can't see other replies. People love to tell lies on here to keep the Rollercoaster propaganda stock market ticking along as the working class gets inflated away. They never want their LIES challenged! You can only hide so long. (This tweet unavaliable) LIAR !
Source: CNBC - 🏆 12. / 72 Read more »

Asian stocks subdued, oil rises on U.S.-Iran tensionsAsian shares were off to a cautious start on Monday as investors pinned their ho... Are Asian stocks just an elaborate Keno game? They report call or put not both simultaneously as they do on American news even financial news follows the U.S. standard. Not there.
Source: Reuters - 🏆 2. / 97 Read more »