S&P 500 Faces Sell-off Pressure Amid Oil Price Spike Due to Iran Tensions
The S&P 500 opened lower as oil prices surged due to renewed tensions around the Strait of Hormuz, pulling capital into energy stocks. ConocoPhillips and ExxonMobil reported strong results while GameStop made an unsolicited bid for eBay.
Tickers: $COP $EBAY $GME $GOOGL $XOM
Topics: energy sector Iran tensions oil prices S&P 500 stock performance