US stock market rally ran out of steam

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US stock market rally ran out of steam
Photo: Seth Wenig/AP/TT

The leading U.S. stock indexes have made a significant downward journey since the U.S. and Israel attacked Iran on February 28 - a decline that was mostly pared back on Monday.

The Dow Jones industrial average gained a modest 0.1 percent, the S&P 500 lost 0.4 percent, and the tech-heavy Nasdaq composite index fell 0.7 percent.

Monday's declines can be attributed in part to the price of U.S. WTI crude oil, which, for the first time since 2022, closed above $100 per barrel, Bloomberg reports.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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