Wall St opens lower as oil spikes after Trump rejects Iran peace proposal
17 Articles
17 Articles
Rising oil prices as well as rising yields on US government bonds continue to strain the mood on Wall Street. Investors are waiting for some dates over the course of the trading week.
US stocks: US market drops as Trump’s rejection of Iran peace plan lifts oil prices
Following President Trump's dismissal of Iran's peace proposal, US market indexes experienced a downward trend, spurred by a notable surge in crude prices. This escalation raised inflation worries, consequently leading to an uptick in Treasury yields and impacting economic outlooks. Meanwhile, Nvidia's stock showed resilience, buoyed by an announcement of substantial share repurchases, albeit only slightly supporting broader market sentiments.
Wall St opens lower as oil spikes after Trump rejects Iran peace proposal
Sept 28 (Reuters) - Wall Street opened lower on Monday after President Donald Trump rejected an Iranian proposal to end the conflict, leading to a spike in crude prices, which revived inflation worries and drove Treasury yields higher. The Dow J...
New York stock market on the 28th (local time) as international oil prices jumped more than 2% and the yield on 10-year U.S. Treasury bonds rose after U.S. President Donald Trump rejected Iran's conditional ceasefire proposal.
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