Wall Street recovers from Friday’s shock as US stocks rise and oil prices ease

New York (AP) – Calm returned to Wall Street on Monday, and American stocks rose, while oil prices have prepared some initial mutations after Israel’s attack on Iranian nuclear and military targets at the end of last week.

The S&P 500 increased by 0.9 % to restore most of its decrease from Friday. The Dow Jones industrial average increased 317 points, or 0.8 %, and the Nasdaq compound gained 1.5 %. Join a global climb on stock prices, and extends from Asia to Europe.

Israel and Iran continue to attack each other, and the fear remains that the broader war can restrict the flow of Iran’s oil to its agents. This, in turn, may raise gasoline prices around the world and keep them high.

But the previous conflicts in the region have witnessed mutations for crude prices that last for a short period. They retreated after the fighting showed that the flow of oil would not be disrupted, either Iran or other countries through the narrow hormone strait off the coast of Iran.

Amal helped the fighting remain similarly to send oil prices to $ 71 a barrel on Monday.

It seemed that the Iranian Foreign Minister, Abbas Aragichi, had made a blocked communication to the United States to enter and negotiate, as he was hostile to the hostilities between Israel and Iran, saying in a post on X that a phone call from Washington to the leader of Israel “may pave the way for diplomacy.”

American oil barrel decreased by 1.7 % to $ 71.77, while Brent raw, the international standard, decreased by 1.3 % to $ 73.23 a barrel. Both jumped about 7 % on Friday after the initial attacks.

In another sign of calming fear in the financial markets, the price of gold also returned some of its knee climbing from Friday, when investors were looking for safety somewhere to stand their money. An ounce of gold fell 1 % to $ 3417.30.

Wall Street has many other concerns in addition to fighting in Iran and Israel. Among them is the tariff for president Donald Trump, which is still threatening to slow the economy and increase inflation if the United States government does not win commercial deals with other countries to reduce Trump’s taxes on imports.

The United States meets with six of the world’s largest economies in Canada for a group of seven meetings, with the specter of tariffs on the horizon on the talks.

Later this week, the Federal Reserve is scheduled to discuss whether interest rates will be reduced or raised, with a decision on Wednesday. Almost unanimous expectations between merchants and economists is that the Federal Reserve will not move.

The federal reserve was reluctant to low interest rates, and it was suspended this year after cutting it at the end of last year, because he was awaiting the knowledge of Trump’s tariff for the economy and increased inflation. Inflation has been relatively tame, near the Federal Reserve of 2 %.