Dow posts turnaround Monday as investors shake off higher oil prices from Middle East conflict
Publishing timestamp: 2023-10-09 13:51:55
Summary
Stocks staged a comeback on Monday despite the Israel-Hamas conflict. Major indexes were initially down but recovered throughout the day. The conflict led to a surge in defense and oil stocks. Rising tensions could impact the energy market and increase market volatility. Bond markets were closed for Columbus Day. The conflict could drive investors away from risk assets. Gold, the U.S. dollar, and U.S. Treasuries rose as investors sought safe hav
Sentiment: MIXED
Tickers: @DJ.1, AGG, @LCO.1, RES, CVX, LMT, DAL, @ND.1, CHKP, VFC, PTEN, .STOXX, HAL, AAL, UAL, .SPX, S, A, .VIX, HII, .IXIC, CCL, HP, ITA, DIS, TLT, LHX, NOC, GD, OIH, XOM, .FCHI, MRO, @SP.1, @CL.1, .GDAXI, .DJI, .FTSE, CYB-FF, OXY,
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