NEW YORK (AP) — Oil prices are rising Monday following the latest fighting to threaten the U.S.-Iran ceasefire, but Wall Street isn't very worried, and U.S. stocks are hanging around their records.
The S&P 500 was virtually unchanged from its all-time high set on Friday. The Dow Jones Industrial Average was down 130 points, or 0.3%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was flat. Both are also coming off records.
Science Applications International Corp. jumped 12.3% after becoming the latest U.S. company to report bigger profit for the latest quarter than analysts expected. SAIC also raised its forecasts for upcoming financial results after winning several contracts from the U.S. Department of Homeland Security, army and other agencies.
