Brent Crude Prices Fall as Global Markets Remain Volatile
Global markets remained volatile on Friday as stocks and oil prices experienced mixed results. Despite heavy fighting in the Middle East, which threatened to disrupt oil supplies, Brent crude prices fell by nearly 4% to settle at $96.78 a barrel.
The S&P 500 rose 0.1%, while the Dow Jones Industrial Average added 0.5%. However, the Nasdaq composite declined by 0.6%, finishing the week lower along with the other two indexes.
Treasury yields also decreased in the bond market, a sign that investors were becoming more cautious about potential economic downturns.