Oil prices rise and stocks fall after US hits Iranian sites in the Strait of Hormuz
NEW YORK (AP) — The price of oil rose and stocks fell on Wall Street Monday after the U. S. launched its first military action in a month against Iran. The S&P 500 index fell 0. 4%. The Dow Jones Industrial Average fell 305 points, or 0. 6%, as of 11:51 a. m. Eastern time. The Nasdaq fell 0. 3%. The losses were broad, with nearly every sector within the benchmark S&P 500 losing ground. Energy stocks, though, gained ground. Exxon Mobil rose 1. 5% and Chevron rose 1. 4%. On the losing side, 22...
Read MoreMon, 31 Aug 2026
- Oil prices rise and stocks fall after US hits Iranian sites in the Strait of Hormuz
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