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Barchart
Rich Asplund

Stocks Mixed as IEA Announces Historic Oil Reserve Release

The S&P 500 Index ($SPX) (SPY) is up +0.20%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.26%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.46%. 

In an effort to stabilize energy markets disrupted by conflict in the Middle East, the International Energy Agency has authorized a record-breaking release of 400 million barrels of oil from its member nations' strategic reserves, surpassing its previous historic action taken in 2022.

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