Dow Jones today: Index pares early slide as oil jumps on Middle East conflict
The Dow Jones Industrial Average slipped 0.14% to 48,907.26 by midday Monday as oil prices surged over 5% amid Middle East conflict, raising inflation concerns. Early losses were driven by declines in Sherwin-Williams and 3M. The ISM manufacturing PMI eased, but factory input prices hit a 3.5-year high. BlackRock’s consortium agreed to buy AES for $33.4 billion including debt.