US Stocks Fall On Worries Over Middle East [Barron's]
B. Riley Financial, Inc. (RILY)
NASDAQ:AMEX Investor Relations:
ir.brileyfin.com/investor-relations
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Source: Barrons
Analysts attributed the climb in crude to multi-month highs to headlines about Israel boosting its defenses against a potential Iran strike and sharper US criticism of Israel's handling of the Gaza war. The Dow Jones Industrial Average finished down 1.4 percent at 38,596.98, a drop of about 825 points from its session peak. The broad-based S&P 500 fell 1.2 percent to 5,147.21, while the tech-rich Nasdaq Composite Index sank 1.4 percent to 16,049.08. Stocks had opened the day higher and appeared poised for a rebound after a sluggish start to the second quarter. But the rise in oil prices in the context of worsening geopolitical tensions came in a "market that's been looking for a reason to sell off," said Art Hogan of B. Riley Financial. Losses were broad-based with all 11 sectors of the S&P 500 in the red. An exception was defense-related stocks such as Lockheed Martin, General Dynamics and Northrop Grumman, which advanced. Levi Straus surged 12.4 percent after reportin
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RILY
Sec Filings
- 5/1/24 - Form 8-K
- 4/29/24 - Form 10-K/A
- 4/24/24 - Form 8-K
- RILY's page on the SEC website