Dow Jones plunges over 300 points! Rising oil prices weigh on the market as investors watch for a potential US-Iran conflict and quarterly earnings reports.

U.S. stock markets fell on Monday, as rising oil prices driven by tensions between the U.S. and Iran weighed on major indices. However, investors still bought some semiconductor stocks to recover from the previous week's sharp declines. Meanwhile, markets are awaiting earnings reports from listed companies scheduled for release this week.
U.S. stock markets fell, and rising oil prices weighed on the market as investors awaited earnings reports.
U.S. stock markets closed lower on Monday (July 20, 2569). The Dow Jones index plunged more than 300 points after oil prices rose due to tensions between the US and Iran, while Apple shares fell more than 2%, weighing down the Dow Jones index.
Semiconductor stocks are recovering from heavy losses last week, with Micron Technology up nearly 2%, Astera Labs gaining 1.9%, Teradyne up 3.5%, and Advanced Micro Devices gaining 1.6%. Meanwhile, investors are watching for earnings reports from major companies to be released this week, including Alphabet, IBM, and Tesla.
- Dow Jones Industrial Average Closed at 51,839.26 points, down 307.16 points (-0.59%)
- S&P 500 Index Closed at 7,443.28 points, down 14.41 points (-0.19%)
- Nasdaq Composite Index Closed at 25,508.072 points, down 12.171 points (-0.05%)
European stock markets closed lower as investors watched for escalating tensions in the Middle East.
European stock markets closed lower on Monday. The investment climate in the region remains subdued as investors monitor the conflict between the US and Iran, as well as its impact on energy prices and the global economy.
European stock indices showed mixed results, with travel and leisure stocks falling while oil and gas stocks outperformed the overall market amid rising oil prices driven by concerns about energy supply.
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- STOXX 600 Index Closed at 639.60 points, down 1.93 points (-0.30%)
- DAX German stock market index Closed at 24,846.69 points, up 15.71 points (+0.06%)
- CAC 40 Index of the French stock market Closed at 8,340.11 points, up 1.30 points (+0.02%)
The UK stock market fell as investors focused on political developments and the direction of the economy.
The London stock market closed lower on Monday. The investment climate remains pressured by geopolitical uncertainty and rising energy prices, while investors are watching political developments in the UK and the future economic outlook.
Investors are also watching the formation of the UK government and the selection of a new Chancellor of the Exchequer, amidst the country's challenging fiscal situation.
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- FTSE 100 Index UK Stock Market Closed at 10,524.76 points, down 75.61 points (-0.71%)
Oil prices surged after Trump threatened retaliation against Iran, as investors worried about supply disruptions.
World oil prices rose on Monday. After President Donald Trump said Iran must pay for the deaths of three U.S. soldiers, the Houthi rebels, Iran's ally in Yemen, announced a naval blockade against Saudi Arabia.
Concerns about disruptions to the oil supply have increased following escalations in the conflict between the United States and Iran, while the situation in the Strait of Hormuz, a vital global oil shipping route, remains closely monitored.
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- WTI crude oil price (August delivery) It closed at $83.23 per barrel, up 0.9%.
- Brent crude oil price (September delivery) It closed at $89.22 per barrel, up 1.3%.
Gold prices remained stable as investors assessed US-Iran risks and signals from the Federal Reserve.
World gold prices remained stable on Monday. Investors are assessing developments in the conflict between the United States and Iran, as well as their impact on oil prices, while Federal Reserve officials are signaling that interest rate hikes may be necessary to control inflationary pressures.
High oil prices are fueling inflation concerns and raising bets that interest rates will remain high for an extended period, which is likely to reduce the attractiveness of gold, a non-interest-bearing asset. Meanwhile, analysts believe a weaker dollar could support gold prices over the next 6-12 months.
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- Spot Gold Price Closed at $4,006.74/ounce, down 0.2%.
- Gold price on the COMEX market (August delivery). Closed at $4,015.90/ounce, down 0.1%.
The dollar strengthened due to safe-haven buying amid the US-Iran conflict.
The dollar strengthened on Monday. Investors are watching developments in the US-Iran conflict, as well as risks to energy supplies and global trade, after the Iranian-backed Houthi rebels announced a naval blockade against Saudi Arabia.
The dollar index rose as markets continued to assess the direction of the Federal Reserve's monetary policy. Investors lowered expectations for interest rate hikes at the next meeting, but still anticipate a rate hike at the September meeting.
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- Dollar Index It stands at 100.96 points, up 0.2%.
- Euro/Dollar It closed at $1.1415, down 0.2%.
- Dollar/Yen Closed at 162.49 yen, up 0.1%.
- Pound/Dollar It closed at $1.3448, down 0.04%.































