Stocks slump, oil prices surge
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Zacks Investment Research on MSNOil Prices Spike on Conflict - How High Could Crude Go Now?The Middle East is once again at the heart of global energy turbulence. In a dramatic escalation, Israel launched coordinated airstrikes on Iranian nuclear and energy infrastructure — rattling global oil markets and prompting a surge in crude prices not seen since Russia’s invasion of Ukraine.
U.S. government debt has gotten modestly cheaper since overnight, sending yields only slightly higher as of Monday morning, even as the escalating Israel-Iran conflict shows little signs of any near-term resolution.
US stock market jumps as Dow rallies 500 points as investors grow hopeful that the Israel-Iran conflict may stay contained. After a tense weekend of strikes and retaliation, a Wall Street Journal report hinted that Iran may be open to talks if the U.
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
APA also pays a generous 5% dividend yield. Arguably best of all, APA generates superior free cash flow of $1.2 billion, or about 20% more than reported trailing-12-month earnings. This is unusual for an energy stock. It's a strong argument in favor of buying APA stock, whatever happens in the Middle East.