Oil

Dow Industrials Falter, Oil Climbs After U.S. Airstrike Kills Iranian Military Leader

1/3/20
from The Wall Street Journal,
1/3/20:

Investors dash for haven assets like gold and government bonds.

Oil prices advanced and global stocks faltered after a U.S. airstrike in Baghdad killed an Iranian military leader, recharging tensions in the oil-rich Middle East. Brent crude gained as much as 4.2%, hitting an eight-month high at $69.01. U.S. crude climbed 3.7% to $63.44 in recent trading. In the U.S., a recent stock rally came to a halt, with all three major indexes falling sharply after the opening bell.

More From The Wall Street Journal (subscription required):



365 Days Page
Comment ( 0 )