Oil and Defense Stocks Rise; Fiserv Stablecoin Pop
On this episode of Stock Movers:- ExxonMobil (XOM) is moving to the upside this morning amid rising oil prices from the latest developments in the Israel-Iran conflict. The conflict has raised concerns about oil prices and inflation, with oil rising by nearly 6% and US stock futures declining, and has also led to warnings about the risk to global energy supplies and the closure of the Strait of Hormuz. - RTX Corp. (RTX) is higher this morning along with other defense stocks due to rising geopolitical risk in the Middle East. Iran vowed retaliation and continued attacks on Israel following US…
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