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Rich Asplund

Stocks Pressured as Oil Prices Climb on US-Iran Clashes

United States IS THe Iran Nasdaq Oil Inflation Lisa Cook Neel Kashkari crude oil

The S&P 500 Index ($SPX) (SPY) today is down -0.14%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.27%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.34%. June E-mini S&P futures (ESM26) are down -0.17%, and June E-mini Nasdaq futures (NQM26) are down -0.38%.

Stock indexes are under pressure today after fresh US attacks on Iran boosted crude oil prices and fueled doubt over whether an end to the war is imminent. The US struck Iranian military targets for the second time this week, and Kuwait said it responded to Iranian missile and drone threats. Crude oil prices jumped more than +2% on the news.

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