Commodities
US Stocks Hold Near Records as Oil Prices Surge Amid Hormuz Uncertainty
The US stock market is hovering near its all-time high on Monday as oil prices rise amid uncertainty over the Strait of Hormuz's reopening.
The S&P 500 dropped 0.1% after flipping between small gains and losses, following a record set on Friday.
Berkshire Hathaway's stock rose 1.4%, making it one of the strongest forces pushing upward on the S&P 500 index, despite general criticism that U.S. stocks look too expensive.