Dow, NASDAQ and Iran
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Major stock indexes closed mixed Monday as markets reacted to fighting in the Middle East, while oil and gold futures advanced.
Oil prices leaped on worries that war with Iran could clog the flow of crude, while U.S. stocks swung from sharp losses to small gains.
The Dow, S&P 500, and Nasdaq fell Friday as the stock market grappled with AI concerns and fears over U.S. talks with Iran.
Energy and defense stocks, as well as gold, were among the market's group of winners on Monday as investors digested new conflict in the Middle East.
Why are US stock market index futures down and Dow Jones, S&P 500 and Nasdaq in red today? Wall Street futures fell more than 1% as Middle East conflict widened. Oil prices rose. Gold gained. Treasury yields hit lows.
Investors shrugged off recent AI-disruption concerns and pushed all three major U.S. stock indexes higher on Wednesday. Nvidia's earnings are due after the closing bell.