Dow Jones Today | US Stock Market LIVE Updates: S&P 500 is little changed, heads for third-straight losing week as Iran war drags on

1 hour ago

HomeMarket NewsDow Jones Today | US Stock Market LIVE Updates: S&P 500 is little changed, heads for third-straight losing week as Iran war drags on

Dow Jones Today | US Stock Market LIVE Updates: The S&P 500 was relatively unchanged on Friday (March 13), while the surge in oil prices eased as investors awaited further developments in the Iran war.

Dow Jones Today | US Stock Market LIVE Updates: The S&P 500 was relatively unchanged on Friday (March 13), while the surge in oil prices eased as investors awaited further developments in the Iran war. The broad-based index fell 0.1%, while the Nasdaq Composite declined 0.4%. The Dow Jones Industrial Average rose 58 points, or 0.1%.

The S&P 500 is tracking for losses on the week with a 1.1% decline. That puts it on pace to see its first three-week losing streak in about a year. The 30-stock Dow is heading for a 1.6% slide, while the tech-heavy Nasdaq has fallen 0.6% week to date.

Crude oil futures held around $100 a barrel, after trading above $102 earlier on Friday. Europe’s Stoxx 600 index also pared a decline. In currencies, the dollar added 0.4% after closing at its highest in almost two months. The euro and yen, both vulnerable to high oil prices, fell, with the Japanese currency hitting its weakest since 2024, nearing levels where authorities previously intervened to support it.

Meanwhile, US President Donald Trump has threatened Iran with further attacks after the Islamic Republic's new leader signalled defiance, suggesting there will be no letup in a war that’s upending energy flows and global markets.
“We have unparalleled firepower, unlimited ammunition, and plenty of time,” Trump said on Truth Social. "Watch what happens to these deranged scumbags” on Friday, he said, referring to Iran’s leaders.

Watch this space for all the LIVE US stock market updates.

Read Full Article at Source