Energy companies' stocks rose in early trading, echoing a runup in oil prices as the Israel-Hamas conflict intensifies. The Energy Select Sector SPDR Fund gained more than 3%, on pace for its largest one-day percentage increase since April. Chevron stock and Exxon Mobil each gained around 3%.
Israel ordered Chevron to shut down natural-gas production at one of the two major offshore platforms it operates as a safety precaution. Occidental Petroleum rose 4%. Marathon Oil jumped more than 6%. Airline stocks fell on the oil-price move, and as carriers cancelled flights to Israel. American Airlines, Delta Air Lines and United Airlines all dropped 4% or more.
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Stock Market Today: Dow Futures Fall, Oil Gains on Israel-Hamas ConflictLive coverage of what's moving stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
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Stock market today: Markets steady in Asia after Israel declares war following Hamas attack in GazaShare prices have opened little changed after the the Israeli government declared war following deadly attacks by Hamas from the Gaza Strip. U.S. futures were lower and oil prices gained more than $3 a barrel. Tokyo and several other Asian markets were closed for holidays on Monday. Shanghai reopened after a weeklong holiday, falling about 0.7%. On Friday, Wall Street rallied after investors studied the nuances of a surprisingly strong report on U.S. employment. The S&P 500 rose 1.2%, the Dow ju
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Stock market today: Markets steady in Asia after Israel declares war following Hamas attack in GazaShare prices have opened little changed after the the Israeli government declared war following deadly attacks by Hamas from the Gaza Strip.
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Stock market today: Markets steady in Asia after Israel declares war following Hamas attack in GazaShare prices have opened little changed after the the Israeli government declared war following deadly attacks by Hamas from the Gaza Strip.
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Stock market today: Oil gains while share prices fall after Israel strikes back at Hamas attackOil prices have surged and share prices are mostly lower after the the Israeli government declared war following deadly attacks by Hamas from the Gaza Strip. U.S. futures declined and oil prices fell back slightly after gaining more than $3 a barrel. Israel announced it was moving to support its currency, the shekel. Tokyo and several other Asian markets were closed for holidays on Monday. The bond market in the U.S. will be closed Monday for the Columbus Day holiday. On Friday, Wall Street rall
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Stock market today: Oil prices and defense stocks climb after Israel declares war on HamasPresident Biden, his cabinet and bipartisan members of Congress are all vowing support for one of the U.S.' closest allies.
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