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Oil futures moved higher late Thursday while stock-index futures were little changed after the U.S. and Iran exchanged fire in the Persian Gulf, and after a federal court struck down President Donald Trump's backup tariff plan.
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The Court of International Trade has struck down a second round of global tariffs ordered by President Trump, after his earlier import taxes were outlawed by the U.S. Supreme Court. The decision is a victory for importers and a setback for the administration.
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Stock Market Today: Dow falls back below 50,000, S&P 500 and Nasdaq slip after hitting record highs; investors watch oil prices in hopes of end to Iran war MarketWatchS&P 500 pulls back from record as investors eye oil prices and Iran deal developments: Live updates CNBCStocks fall from their records as oil prices yo-yo Los Angeles TimesU.S. stocks mostly lower as traders await Iran's response to latest peace proposal Investing.com
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Harvard Canvas Site Goes Down After University Listed in Instructure Breach The Harvard CrimsonCanvas hack strands university students during finals week CNNSacramento State caught in nationwide cyberattack targeting online learning platform CBS NewsMillions of students' personal data stolen in major education breach Malwarebytes
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Listed vehicle Hg Capital Trust cut valuations of 14 of its 20 largest portfolio companies
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"War in Iran resulted in recession-level industry decline in the U.S. as consumer confidence collapsed in late February and March," the company said.
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