Crude oil prices jump and stocks sink
Digest more
Top News
Overview
Impacts
Asian shares are mixed and oil prices have climbed further as escalating Iran-Israel tensions threaten to disrupt supplies of crude
Explore the top 4 catalysts for the VOO ETF stock price this week, including the Federal Reserve decision and Iran and Israeli war.
Cameron Dawson of NewEdge Capital points out that oil is now overbought on a relative strength index that is popular in technical analysis. "The combination of being overbought into downtrend resistance suggests that oil doesn’t deserve the benefit of the doubt to press higher from here,
Oil prices spike and stocks fall amid fears the Israel-Iran conflict could disrupt crude supply and strain the global economy.
Oil prices leaped, and stocks slumped Friday on worries that escalating violence following Israel’s attack on Iranian n