While you were sleeping: Oil rallies, Wall St eases on Middle East tension

Wed, 11 Apr 2018

By Margreet Dietz April 12 (BusinessDesk) - Oil prices jumped while Wall Street slipped as investors eyed rising tension between the US and Russia about the Middle East. “Russia vows to shoot down any and all missiles fired at Syria,” US President Donald Trump tweeted. “Get ready Russia, because they will be coming, nice and new and 'smart!'” In 1.52pm trading in New York, the Dow Jones Industrial Average slid 0.5 percent. However, the Nasdaq Composite Index eked out a 0.06 percent gain. In 1.38pm trading, the Standard & Poor’s 500 In...

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