BusinessQuiet 5d · day 5
Stock market gains as oil prices fall amid geopolitical tensions
U.S. equity indices rose on Monday as crude oil prices dipped, with the S&P 500 up 0.6% and Nasdaq Composite climbing 0.9%.
What to know
- U.S. stock markets rallied on Monday with S&P 500 up 0.6%, Nasdaq Composite up 0.9%, and Dow Jones up 0.3%.
- Crude oil prices fell 3% for both Brent and West Texas Intermediate benchmarks, with U.S. futures above $96 and Brent above $100 per barrel.
- The market gains followed a 1.7% drop in the Dow the previous week.
“Stock prices are on the rise on Monday as crude oil prices dip and U.S. Treasury yields slip.”
Joe Fisher · UPI · Sep 20
Joe Fisher UPI reporter
How it unfolded 1 development · click the chart to see its coverage articlesposts
Sep 22Sep 23Sep 24yesterdaynow · 2:27 PM ET
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Crude oil prices fall sharply on Monday
Brent crude oil and West Texas Intermediate crude both declined 3% per barrel. U.S. crude oil futures are trading above $96 per barrel while Brent crude remains above $100 per barrel mark.
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1 outlet Stock prices up as oil prices slide
first by UPI, 5d ago
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background
Stock indices rise as oil prices decline — The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all posted gains on Monday morning as crude oil prices fell. The S&P 500 was up 0.6%, Nasdaq Composite climbed 0.9%, and the Dow bumped up 0.3%, reversing a 1.7% drop from the previous week.