Wall Street Ended Higher as the U.S.-Iran Ceasefire Continues to Hold
6 Articles
6 Articles
War in the Middle East: The U.S. acts as an oil supplier while disruptions in the Strait of OrmuzOPEP+ are worsening, agreeing to raise its crude oil production since June amid internal tensions and changes.Wall Street closed in green on Tuesday and its main indicator, the Dow Jones de Industriales, rose 0.73%, after the U.S. claimed to maintain the ceasefire agreement with Iran despite the return of hostilities to the Strait of Ormuz.MORE INFOR…
Texas Intermediate Oil (WTI) fell by 3.9 percent this Tuesday, to $102.27 a barrel, after the U.S. said the truce with Iran is maintained despite recent attacks on U.S. Arab Emirates (USA). The entry Texas Oil falls by 3.9 percent, to $102.27, as the U.S.-Iran truce is maintained, was first published in the Digital Process.
Wall Street starts today, May 5, rising after the bell bell bell. Indexes are trying to recover despite the new tension episode in the Gulf, which keeps the oil nearly four years high. More specifically, the S&P 500 rises by 0.6%, the Dow Jones advances by 0.5% and the Nasdaq gains by 0.8%. The catalyst of the day is the ceasefire between the United States (US) and Iran, which seems to continue after the clashes in the Strait of Hormuz and missi…
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