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Wall Street recovers from Friday's shock as US stocks rise and oil prices ease
Wall Street rebounded on Monday after last week's market shock caused by Israel's attack on Iranian nuclear and military targets. The S&P 500 rose 0.9%, the Dow Jones Industrial Average climbed 0.8%, and the Nasdaq composite gained 1.5%, as global confidence returned and oil prices moderated.
Read MoreGloomy CEOs
Economic sentiment among top U.S. CEOs has sharply declined, hitting a five-year low according to the Business Roundtable's CEO Economic Outlook Index, which dropped 15 points to 69 in Q2—well below its historical average of 83.
Read MoreInvestors see quick stock market drop if US joins Israel-Iran conflict
Investors are concerned that U.S. military involvement in the escalating Israel-Iran conflict could trigger a rapid stock market selloff and significantly increase oil prices, threatening a global economy already under pressure from tariffs.
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