Premarket trading was mixed on Wall Street this morning, the Associated Press reports, but oil prices were moving higher after U.S. fighter jets launched airstrikes early today on two locations in eastern Syria linked to Iran’s Revolutionary Guard Corps, and the Israeli military said its troops and tanks had briefly entered Gaza for a second time. Futures for the S&P 500 rose 0.2%, and the Dow Jones Industrial Average fell 0.2% before the bell.
Early today, U.S. benchmark crude rose $1.54 to $84.75 per barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the international standard, added $1.49 to reach $88.54 per barrel.
Exxon shares were largely unchanged after the oil giant’s third-quarter profit and revenue declined compared with last year when the company put up enormous numbers. Still, Exxon had its strongest-ever refinery throughput for the period and raised its quarterly dividend.
In currency dealings Friday, the dollar fell to 150.13 Japanese yen from 150.39 yen.
On Thursday, Meta Platforms was among the market’s heaviest weights, sinking 3.7% even though the parent company of Facebook and Instagram reported fatter profit and revenue for the summer than analysts expected.
