Dow jumps 398 points as oil tops $100, Fed decision in focus

S&P 500 and Nasdaq 100 rose 0.6% as US stocks edged higher, extending the prior session's gains. Investors are closely monitoring the escalating Iran conflict for potential impacts on global energy markets, a development that could increase volatility in oil-linked sectors and broader markets.

Analysis

S&P 500 and Nasdaq 100 rose 0.6% as US stocks edged higher, extending the prior session's gains. Investors are closely monitoring the escalating Iran conflict for potential impacts on global energy markets, a development that could increase volatility in oil-linked sectors and broader markets.