Stocks Open Little Changed on Fed Day. Investors Stay Focused on Israel and Iran.
The stock market overcome some early jitters to start Wednesday’s Federal Reserve interest-rate decision day with modest gains as Wall Street remained anxious about the conflict between Israel and Iran.
The Dow Jones Industrial Average was up 100 points, or 0.2%. The S&P 500 was up 0.3%. The Nasdaq Composite was up 0.3%.
WTI crude oil prices jumped another 0.6% to $75.28 a barrel, up from around $60 at the end of May.
Latest News
- German Financial Confidence Rises Again
- Bain Capital Private Equity to raise $500m to buy Sizzling Platter
- Rent the Runway Sees Rebound in Subscribers, and Aims to Add More Styles to Keep Them
- Stock Futures Drop, Oil Rises as Israel-Iran Cease-Fire Hopes Fade
- Investor optimism rolls over another geopolitical catalyst
- If Iran’s Oil Is Cut Off, China Will Pay the Price