Nasdaq 100 Sinks, Oil Rallies as Trump Rejects Iran's Hormuz Plan: Stock Market Today
Stocks slipped at midday Monday as oil surged and yields hit a 19-year high after Trump rejected Iran's Hormuz plan; MongoDB tumbled 18%.
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Despite rising yields, gold ETF demand holds firm near multi-year highs. Explore why central bank buying keeps a $4,000 price floor.
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Stocks slipped at midday Monday as oil surged and yields hit a 19-year high after Trump rejected Iran's Hormuz plan; MongoDB tumbled 18%.
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The U.S. added just 29,000 jobs in September vs. 90,000 expected. Unemployment rose to 4.2% and wage growth came in below the 3.2% forecast.