Stocks rally and oil tumbles as Wall Street hopes for a limited retaliation after US strikes on Iran

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Stocks rally and oil tumbles as Wall Street hopes for a limited retaliation after US strikes on Iran

chicagotribune.com/2025/06/23/oil-iran-us

NEW YORK — U.S. stocks rallied, and the price of oil tumbled Monday on hopes that Iran will not disrupt the global flow of crude, something that would hurt economies worldwide but also its own, following the United States’ bunker-busting entry into its war with Israel.
The S&P 500…

This story appeared on chicagotribune.com, 2025-06-23 20:43:59.