Stock Market Update
01-Oct-26 15:00 ET
Oil settles higher amid mixed geopolitical backdrop
Dow -15.38
at 50890.58,
Nasdaq +77.38
at 26959.48,
S&P +21.43
at 7673.07
[BRIEFING.COM] Solid tech leadership and mixed strength in the broader market keep the major averages on track for a mostly higher finish as the market enters the final hour of the session.
Crude oil futures settled today's session near their highs, finishing $2.48 higher (+2.7%) at $93.02 per barrel.
The afternoon has provided a mixed bag of geopolitical headlines, with President Trump vowing to "hit Iran very hard" if it is found to be responsible for the incident on the Flydubai aircraft.
More recently, Bloomberg reported that Iran is offering to restore access to nuclear inspectors if sanctions are eased.
