How Major US Stock Indexes Fared May 18

Oil prices and stock markets worldwide kept swinging with uncertainty about what will happen with the Iran war.The S&P 500 swiveled between gains and losses in the morning before ending 0.1 percent lower Monday, its second straight drop since setting an all-time high last week. The Dow Jones Industrial Average added 0.3 percent, and the Nasdaq composite fell 0.5 percent.Stock prices moved in the opposite direction of oil prices, which went from an overnight pop higher to a drop and then yo-yoed again. The latest drop for oil came late in the day after President Donald Trump said he would hold off on a military attack on Iran scheduled for Tuesday.On Monday:The S&P 500 fell 5.45 points, or 0.1 percent, to 7,403.05.The Dow Jones Industrial Average rose 159.95 points, or 0.3 percent, to 49,686.12.The Nasdaq composite fell 134.41 points, or 0.5 percent, to 26,090.73.The Russell 2000 index of smaller companies fell 18.20 points, or 0.7 percent to 2,775.10.For the year:The S&P 500 is up 557.55 points, or 8.1 percent.The Dow is up 1,622.83 points, or 3.4 percent.The Nasdaq is up 2,848.74 points, or 12.3 percent.The Russell 2000 is up 293.19 points, or 11.8 percent.The views and opinions expressed are those of the authors. They are meant for general informational purposes only and should not be construed or interpreted as a recommendation or solicitation. The Epoch Times does not provide investment, tax, legal, financial planning, estate planning, or any other personal finance advice. The Epoch Times holds no liability for the accuracy or timeliness of the information provided.