October 9, 2023
US markets bounce back after initial dip due to Israeli-Gaza conflict:
- Dow closes up 0.5% at 33,604.65
- S&P 500 rises 0.6% to 4,335.66
- Nasdaq gains 0.4% to 13,484.24
Defense-related companies surge:
- Lockheed Martin up 8.5%
- Northrop Grumman Corp up 11%
Gold and oil prices rise amid turmoil:
- Gold up $13.59 (0.74%) to $1,861.53
- West Texas Intermediate up 4.24% to $86.29
- Brent crude up 4.09% to $88.05
US Dollar Index edges up 0.03% to 106.08, while euro and yen experience mixed movements.
