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Market Mixed as Oil Drops on Iran Tensions | Tulsa News
Description
Stocks ended mixed on Monday as the S&P 500 held steady, the Dow rose 0.5%, and the Nasdaq dipped 0.2%—led by a sharp 5% drop in Nvidia. Oil prices tumbled from $102 to $85.87 per barrel as U.S.-Iran tensions eased, sparking renewed negotiations and calming investor nerves. Treasury yields also fell as investors sought safer assets. Year-to-date, the S&P 500 is up 8%, the Dow 8.5%, and the Nasdaq 7%—showing strong overall market momentum despite the day’s volatility.
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