Wall Street nears new highs with oil up before blockbuster week

The U.S. stock market’s record-breaking rally slowed on Monday after uncertainty rose over the weekend about what will happen next in the Iran war, while oil prices rose. The S&P 500 inched 0.1% higher to its latest all-time high, a downshift following weeks of big gains driven by strong corporate profit reports and hopes that the economy can avoid a worst-case scenario because of the war. The Dow Jones Industrial Average dipped 62 points, or 0.1%, while the Nasdaq composite rose 0.2% to its own record. READ MORE: PSEi down, peso almost unchanged The moves were stronger in the oil market, where prices climbed […]... Keep on reading: Wall Street nears new highs with oil up before blockbuster week

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