Dow Industrials Fall as Oil Prices Surge Amid US-Iran Tensions
The Dow Industrials dropped significantly on Thursday, heading for its worst week since October, as oil prices surged due to the U.S.-Iran conflict.
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Dow futures tick higher, but index heads for worst week since October on oil surge: Live updates
The Dow Industrials lost nearly 785 points in Thursday’s sell-off as oil prices leapt. The blue-chip index is on track for its worst week since October.
Read full article →Buy These 5 Dividend Growth Stocks Amid Middle East Tensions
Read full article →Seoul shares open 1.66% lower after strong rebound amid prolonged Iran crisis
South Korean stocks started 1.66 percent lower Friday after a 10 percent gain the previous session as a prolonged Iran crisis rekindled oil supply woes. The benchmark Korea Composite Stock Price Index opened at 5,491.02, down 92.88 points from the previous session. The index has suffered an extreme rout this week in the wake of the Middle East conflict, tumbling 7.24 percent and 12.06 percent on Tuesday and Wednesday, respectively, before soaring 9.63 percent Thursday. (Yonhap)
By The Korea Herald
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