Stocks rose and oil prices fell on Monday after President Trump indicated that the war with Iran was nearing its end. Brent Crude, the global oil benchmark, had climbed above $110 in international markets on Monday and stock futures indicated U.S. indexes would decline as much as two percent. But by the close of trading on Monday, the major U.S. indexes were up for the day and oil had plunged to below $90 a barrel. Within hours of the opening of cash markets for stocks in New York, stocks were paring back their losses, and oil had sunk to around $102 a barrel. Comments from France’s finance mi
Stocks rose and oil prices fell on Monday after President Trump indicated that the war with Iran was nearing its end. Brent Crude, the global oil benchmark, had climbed above $110 in international markets on Monday and stock futures indicated U.S. indexes would decline as much as two percent. But by the close of trading on Monday, the major U.S. indexes were up for the day and oil had plunged to below $90 a barrel. Within hours of the opening of cash markets for stocks in New York, stocks were paring back their losses, and oil had sunk to around $102 a barrel. Comments from France’s finance mi