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The Odessa

Oil prices rise and stocks fall after US hits Iranian sites in the Strait of Hormuz

Oil prices rise and stocks fall after US hits Iranian sites in the Strait of Hormuz
Photo: Odessa American (oaoa.com) · view original

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Wall Street closed out August on a downbeat note Monday as stocks fell and the price of oil rose after the U.S. launched its first military action in a month against Iran. The S&P 500 index fell 0.3%. The Dow Jones Industrial Average dropped...

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