Dow Jones Live Update: Blue-Chip Index Turns Higher as Oil Spike Tests Stock Market Rally
The Dow rose 85.76 points, or 0.17%, to 49,694.92 late Monday morning as oil prices jumped nearly 3% after President Trump rejected Iran’s response to a U.S. peace proposal. The S&P 500 gained 0.23% and the Nasdaq added 0.12%. Brent crude climbed to $103.95. Investors are focused on Tuesday’s consumer inflation report.