Business & Markets
US stocks flat as oil prices fall
US stocks were little changed in early trading on Tuesday as oil prices fell and investors kept focus on the artificial intelligence sector.
About 10 minutes after trading opened, the Dow Jones Industrial Average was down 0.1 percent at 51,415.85. The S&P 500 was flat at 7,684.06, while the Nasdaq Composite Index rose 0.1 percent to 26,839.73.
Crude prices fell more than two percent after a report showed a rise in Middle East oil exports despite the US-Iran war. Treasury bond yields, which had risen further to multi-year peaks on Monday, were little changed early Tuesday.
Uncertainty notes
The source item did not identify the report that showed a rise in Middle East oil exports.
Source
AFP news report published on .