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Kiplinger
Kiplinger
Business
David Dittman

Stock Market Today: Stocks Rise on a Little More Uncertainty

Strait of hormuz stock market green red.

The front-month West Texas Intermediate crude oil futures contract opened near its 52-week high but trended lower and closed down nearly 7% Monday as markets priced U.S. strikes on Iran, the status of the conflict in the Middle East and the implications for the Strait of Hormuz.

Over the weekend, President Donald Trump ordered U.S. military assets to attack from the air and the sea the Islamic Republic's three main nuclear processing and production facilities.

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