Reported 4 days ago
U.S. stocks edged higher on Wednesday as concerns about escalating tensions between Israel and Iran weighed on market sentiment, with major indices—S&P 500, Dow Jones, and Nasdaq—closing slightly up. However, Tesla shares fell by over 3% after reporting deliveries that missed Wall Street expectations. Similarly, Nike struggled with a stock decline of about 6.5% due to a poor earnings report and withdrawal of its yearly outlook amid a CEO transition. Oil prices surged, reflecting fears over potential supply disruptions in the region, as the market continues to react to geopolitical uncertainties.
Source: YAHOO