Wall St dips as Iran stalemate lifts oil price, yields

Wall St dips as Iran stalemate lifts oil price, yields

US stocks have opened lower as investors avoided the tech sector and flocked to healthcare and consumer staples ⁠shares.

Evening digest: Meta's chils safety trial begins, oil surges

Meta shares fell as investors weighed a major child safety trial alongside higher oil prices and Treasury yields, while geopolitical tensions continued to shape broader markets. Gold prices declined as rising bond yields increased the pressure on non-interest-bearing bullion. Oil prices climbed for a third straight session as Iran said the Strait of Hormuz would remain closed and prospects for a US-Iran deal weakened. Bitcoin, meanwhile, rose to…

US stocks open lower as Iran stalemate lifts oil, yields

Wall Street’s main indexes opened lower on Tuesday (Aug 18), as diminishing prospects for a peace deal between the US and Iran kept oil prices elevated and government bond yields at multi-y... Read more at The Business Times.