Stock futures dropped sharply and oil prices surged higher Thursday morning, after President Donald Trump’s address to the nation about the Iran war failed to reassure markets that the fighting would be over soon. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. S&P 500 futures dropped 1.7%, Nasdaq … Read more
U.S. crude oil hit $100 per barrel Sunday, continuing its surge as the U.S.-Israeli war with Iran shows no signs of ending soon and despite attempts by the Trump administration and allied countries to slow rising prices. As oil futures trading resumed trading at 6 p.m. ET, U.S. crude oil jumped more than 2%, to … Read more
BANGKOK — Japan’s benchmark Nikkei 225 index plunged more than 7% early Monday and other Asian markets also tumbled after oil prices soared to about $114 a barrel due to disruptions from the war in the Middle East, casting a shadow over economies heavily dependent on imported crude and gas from the region. The Nikkei … Read more