The S&P 500 closed nearly flat at 7,135.95 while Brent crude spiked 7.16% to $111.88 on Middle East tensions and potential UAE departure from OPEC, lifting energy stocks 2.29%.
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The S&P 500 closed nearly flat at 7,135.95 while Brent crude spiked 7.16% to $111.88 on Middle East tensions and potential UAE departure from OPEC, lifting energy stocks 2.29%.
Read more →The S&P 500 declined 0.24% to 7,121.43, now 0.8% below its 52-week high, as energy stocks surged on geopolitical tensions while technology shares faced pressure from AI chip development reports.
Read more →Brent crude jumped 3.66% to $108.22 per barrel, nearing its 52-week high of $119, as escalating tensions in key oil-producing regions sparked supply disruption concerns. Asian markets diverged with the Nikkei falling 1.02% while the Hang Seng gained 1.68%.
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