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US stocks ended the session with small declines. The three major indexes still posted gains for a third consecutive week. Renewed tensions between the US and Iran raised questions about a two-week ceasefire's durability.
Substrate placeholder — needs reviewStocks closed slightly lower on Monday, according to Reuters. The dip followed renewed tensions between the US and Iran. Each of the three major US stock indexes recorded gains for the third straight week, Reuters reported. The weekly advances persisted despite the daily decline.
Tensions between the US and Iran occurred, putting the durability of a two-week ceasefire in question, Reuters stated. The renewed US-Iran tensions directly challenged the ongoing two-week ceasefire, as per Reuters.
TankerTrackers data shows 36 million barrels shipped and another 36 million still at sea. Iranian officials separately reported 25 million barrels crossing the blockade line since Monday.
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