Dow Targets 27,000 as Iran War Tensions Boost Energy Stocks

By CCN Markets: The Dow diverged from the broader U.S. stock market on Friday and was last seen eyeing its fifth consecutive gain as rising oil prices pushed energy blue-chips higher. Dow Edges Higher; S&P 500, Nasdaq Slip The U.S. stock market opened slightly lower on Friday, reflecting a tepid pre-market for Dow futures following a record-setting rally during the previous session. The Dow Jones Industrial Average climbed 58.52 points, or 0.2%, to 26,811.69, its highest level of the year. Chevron Corp (NYSE: CVX) was the Dow’s top performer, gaining 1.4%. Exxon Mobil Corp (NYSE: XOM), another energy blue-chip, rose

The post Dow Targets 27,000 as Iran War Tensions Boost Energy Stocks appeared first on CCN Markets

Source: https://www.ccn.com/market-news/dow-27000-iran-war-tensions-boost-energy-stocks/2019/06/21/

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