By Caroline Valetkevitch and Ankur Banerjee
NEW YORK/SINGAPORE, July 21 (Reuters) - Major stock indexes rose on Tuesday with the Nasdaq and chipmaker shares surging, while oil prices climbed to a five-week high amid rising tensions in the Iran conflict.
The **** anese yen weakened 0.41% against the greenback to 163.14 per dollar, breaching the 163 mark for the first time since December 1986 as traders braced for possible intervention in the currency by the **** anese government.
Two oil tankers carrying Saudi crude to Asia reversed course in the Red Sea after threats from Yemen's Iran-aligned Houthis.
Brent futures rose $1.79, or 2.0%, to settle at $91.01 a barrel, while U.S. West Texas Intermediate crude gained $1.68, or 2.0%, to settle at $84.91. It was the highest close for Brent since June 10 and for WTI since June 11.
#caroline
NEW YORK/SINGAPORE, July 21 (Reuters) - Major stock indexes rose on Tuesday with the Nasdaq and chipmaker shares surging, while oil prices climbed to a five-week high amid rising tensions in the Iran conflict.
The **** anese yen weakened 0.41% against the greenback to 163.14 per dollar, breaching the 163 mark for the first time since December 1986 as traders braced for possible intervention in the currency by the **** anese government.
Two oil tankers carrying Saudi crude to Asia reversed course in the Red Sea after threats from Yemen's Iran-aligned Houthis.
Brent futures rose $1.79, or 2.0%, to settle at $91.01 a barrel, while U.S. West Texas Intermediate crude gained $1.68, or 2.0%, to settle at $84.91. It was the highest close for Brent since June 10 and for WTI since June 11.
#caroline
4 months ago
