US stock indices gained on Monday as oil prices eased amid ongoing conflict between Israel and Iran.
At the opening bell, the Dow Jones Industrial Average rose 102.3 points, or 0.24%, to 42,300.13. The S&P 500 rose 27.0 points, or 0.45%, to 6,004, while the Nasdaq Composite rose 143.9 points, or 0.74%, to 19,550.749.
Investors fear that a wider war could constrict the flow of Iran’s oil to its customers as Israel and Iran continue to attack each other.
Market participants are also awaiting the US Federal Reserve’s interest rate decision due later this week.
In the bond market, the yield on the 10-year Treasury rose to 4.43% from 4.41% late on Friday. The 2-year Treasury yield was steady at 3.96%.
