U.S. Stock Indices Open Mixed on July 13 as U.S.-Iran Military Tensions Escalate

According to Yonhapnews, U.S. stock indices opened mixed on July 13 morning as escalating military tensions between the United States and Iran weighed on investor sentiment. The Dow Jones Industrial Average rose 0.18% to 52,733.86, while the S&P 500 fell 0.20% to 7,560.45 and the Nasdaq Composite declined 0.71% to 26,094.43 as of 9:37 a.m. ET.

Energy stocks gained ground amid rising oil prices following the conflict. West Texas Intermediate crude for August delivery rose 3.19% to $73.69 per barrel. Valero Energy climbed 3.90% and APA Corporation advanced 3.56%, while semiconductor stocks weakened, with SK Hynix ADR falling 8.10%.