Wall Steet recovers while the oil moves downhill

The American markers Wall Steet recovered Monday (16.6.2025), as investors were optimistic that the conflict between Israel and Iran may remain limited. The rise of its prices oil Due to the escalation of the conflict, it also retreated.

The Dow Jones industrial index increases by 472 points or about 1.12%. The S&P 500 increases by 1.09%, and Nasdaq also rises almost 1.41%. Future Future Contracts for US Slow Oil West Texas Intermedia (WTI) fell 3.18% to $ 68.12 a barrel, after earlier during the night meeting, more than $ 77 were negotiated.

Traders closely watch the Middle East after Israel’s hit in Iran on Friday (13.6.2025). Iran fired a missile in retaliation, increasing the severity of the conflict in the region.

The attacks continue for the fourth consecutive day today, with the two countries targeting each other’s energy facilities, a escalation that could further shake the world economy and markets this new week.

Iran said it is considering closing the Strait of Ormuz, a key route for the global oil market. Israel today claimed that it has achieved “air supremacy” over Iran, according to a military spokesman. The conflict sparked a sale of the shares on Friday, with Dow falling over 700 points and the three main indicators falling more than 1%.

Dow Jones completed the week with 1.3%, while the S&P 500 and the Nasdaq Composite lost 0.4% and 0.6% respectively. Oil prices initially rose after Israel’s attack, burdening risk assets. Gold prices also recorded a rally, as metal is considered a safe investment refuge in which investors flock to market instability.

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