Oil prices rise and US stocks give back a bit of their record-breaking rally
Oil prices climbed following the latest rise of U.S.-Iran tensions, but the moves were more modest than they were earlier in the war
By STAN CHOE - AP Business Writer
Updated
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People work on the floor at the New York Stock Exchange in New York, Monday, April 13, 2026.
Seth Wenig - AP
People walk in front of an electronic stock board showing Japan's Nikkei index at a securities firm Monday, April 20, 2026, in Tokyo.
Eugene Hoshiko - AP
People stand in front of an electronic stock board showing Japan's Nikkei index at a securities firm Monday, April 20, 2026, in Tokyo.
Eugene Hoshiko - AP
People walk in front of an electronic stock board showing Japan's Nikkei index at a securities firm Monday, April 20, 2026, in Tokyo.
Eugene Hoshiko - AP
Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top center left, at the foreign exchange dealing room of the Hana Bank headquarters, in Seoul, South Korea, Friday, April 17, 2026.
Ahn Young-joon - AP
A broker watches his screens at the stock market in Frankfurt, Germany, Friday, April 17, 2026.
Michael Probst - AP
People work on the floor at the New York Stock Exchange in New York, Monday, April 13, 2026.
Seth Wenig - AP
Trader Michael Milano, left, works on the floor of the New York Stock Exchange, Monday, April 20, 2026.
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Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top center left, at the foreign exchange dealing room of the Hana Bank headquarters, in Seoul, South Korea, Friday, April 17, 2026.