Israel launched a targeted airstrike near an Iranian military airbase overnight, as a retaliatory act to Iran’s aerial attacks that occurred less than a week ago.
Stocks surged higher on Thursday, with the S&P 500 index aiming to snap a four-day losing streak as investors assess the latest wave of corporate earnings.
The U.S. Treasury expands sanctions targeting Iran's UAV capabilities, steel industry, and automaker Bahman Group subsidiaries. Janet Yellen emphasizes strategic use of economic restrictions to counter destabilizing activities and support for terrorism. Market reactions show minimal impact on oil prices.
Mining industry and state of Alaska criticize Biden administration's reported plan to block mining access road, citing political motivation and need for domestic mineral sources.
U.S. stocks traded mixed this morning, with the Dow Jones index gaining more than 100 points on Thursday.
Following the market opening Thursday, the Dow traded up 0.34% to 37,880.89 while the NASDAQ fell 0.16% to 15,658.94. The S&P 500 also rose, gaining, 0.03% to 5,023.87.