Wall Street Gains As Crude Tumbles, Small Caps Soar, Bitcoin Tops $68,000:...

Published on 28 Oct 2024 on Benzinga

Wall Street Gains As Crude Tumbles, Small Caps Soar, Bitcoin Tops $68,000:...

Investor sentiment turned optimistic towards risk assets early this week as plummeting oil prices, driven by Israel's decision not to target Iran's crude facilities during weekend attacks, eased concerns over an escalated Middle Eastern conflict and potential global economic disruptions.

The S&P 500 gained 0.3%, the tech-heavy Nasdaq 100 mirrored this performance and the Dow added 0.6%.

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