By Pete Schroeder
WASHINGTON, July 10 (Reuters) - Stocks climbed and oil prices slipped somewhat as investors retained AI-related enthusiasm and shrugged off the ongoing dispute between the U.S. and Iran.
All three major U.S. indices ended the day higher Friday, with the Dow Jones Industrial Average rising 0.29%, the S&P 500 climbing 0.42%, and the Nasdaq Composite gaining 0.29%.
MSCI's gauge of stocks across the globe was last up 0.4%.
While the renewed back-and-forth attacks have further eroded the fragile three-week-old U.S.-Iran ceasefire, markets have mostly taken developments in the Middle East in their stride, although investors continue to eye oil prices and the potential for ensuing inflation.
WASHINGTON, July 10 (Reuters) - Stocks climbed and oil prices slipped somewhat as investors retained AI-related enthusiasm and shrugged off the ongoing dispute between the U.S. and Iran.
All three major U.S. indices ended the day higher Friday, with the Dow Jones Industrial Average rising 0.29%, the S&P 500 climbing 0.42%, and the Nasdaq Composite gaining 0.29%.
MSCI's gauge of stocks across the globe was last up 0.4%.
While the renewed back-and-forth attacks have further eroded the fragile three-week-old U.S.-Iran ceasefire, markets have mostly taken developments in the Middle East in their stride, although investors continue to eye oil prices and the potential for ensuing inflation.
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