Stocks were able to wipe out earlier losses as investors were optimistic about the Middle East conflict ending soon and oil prices coming down

Editor’s Note: The future prices of benchmark tracking ETFs and the headline were updated in the story. U.S. stock futures fell sharply on Monday following Friday’s negative close. Futures of the major benchmark indices were lower amid the ongoing Iran-US conflict.

The Dow Jones index came off lows on the stock market today. Oil prices surged on the U.S.-Iran war. Nvidia outperformed and Hims popped.

After a lower open, the three stock-market indexes had erased much of their losses going into midday trading. The Nasdaq composite briefly turned positive before moving slightly lower. The Dow Jones Industrial Average was down 382.

U.S. stocks erased a big early loss Monday and rose after oil prices whipped from nearly $120 back below $90. The post Dow Gains 239, Nasdaq Adds 308, S&P 500 Rises 56 appeared first on TV News Check.

The U.S. stock market careened through a manic Monday, going from a steep early loss to a solid gain as worries turned into hope that the war with Iran may not last that long.

The U.S. stock market struggled Friday with a disappointing U.S. jobs report and a spike in oil prices amid the Iran conflict. Treasury yields saw their biggest weekly jump since April amid worries over inflation.