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Stocks on edge, oil soars on escalating Middle East tensions
Stocks came under pressure on Thursday as the threat of imminent U.S. military action in Syria rattled investors and sent oil prices to their highest levels since late 2014 on concerns about potential disruptions to supply and distribution. European shares are expected to be flat to lower, with futures for Germany's Dax (FDXc1) (.GDAXI), France's Cac (FCEc1) (.FCHI) and Britain's FTSE (FFIc1) (.FTSE) all trading slightly lower. On Wednesday, the S&P 500 (.SPX) lost 0.55 percent and the Nasdaq Composite (.IXIC) dropped 0.36 percent while energy shares (.SPNY) gained more than 1 percent on rising oil prices.
https://finance.yahoo.com/news/stocks-edge-oil-soars-escalating-005608331.html?.tsrc=rss
Stocks came under pressure on Thursday as the threat of imminent U.S. military action in Syria rattled investors and sent oil prices to their highest levels since late 2014 on concerns about potential disruptions to supply and distribution. European shares are expected to be flat to lower, with futures for Germany's Dax (FDXc1) (.GDAXI), France's Cac (FCEc1) (.FCHI) and Britain's FTSE (FFIc1) (.FTSE) all trading slightly lower. On Wednesday, the S&P 500 (.SPX) lost 0.55 percent and the Nasdaq Composite (.IXIC) dropped 0.36 percent while energy shares (.SPNY) gained more than 1 percent on rising oil prices.
https://finance.yahoo.com/news/stocks-edge-oil-soars-escalating-005608331.html?.tsrc=rss
