Trump urges Iran nuclear deal, oil stocks, bitcoin & gold prices
Yahoo Finance host Brad Smith tracks today's top moving stocks and biggest market stories in this Market Minute, including market reactions (^DJI, ^IXIC, ^GSPC) as President Trump urges Iranian officials to agree to a nuclear deal following Israeli airstrikes, shares gaining for energy companies Chevron (CVX), Exxon Mobil (XOM), and Occidental Petroleum (OXY) on rising Middle East tensions, and the trends in gold (GC=F) and bitcoin (BTC-USD) prices.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
It's time for Yahoo Finance's market minute. Stocks are sliding today as investors go risk off amid escalating tensions in the Middle East. Israel launching strikes at Iran's nuclear sites, citing fears of their weapons development. Iran responding with a drone strike, calling Israel's attack a declaration of war. President Trump is urging Iran to reach a nuclear deal before it's too late. Shares of energy companies, Chevron, Exxon, and Occidental Petroleum popping as oil prices spike by the most in three years. The conflict in the Middle East prompting concerns around the outlook for supply in the region. And we're seeing gold rise as Bitcoin falls. The precious metal maintaining its status as a safe haven asset in times of crisis and uncertainty. Meanwhile, the cryptocurrency is pulling back by about 2% as investors flee from riskier assets. That right there is your Yahoo Finance market minute. Scan the QR code below to track the best and worst performing stocks of this session.
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