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June 8, 2026

Stocks rebound and oil climbs as Bitcoin holds above $70K amid Trump-Iran tensions Jai Hamid | usagoldmines.com

  • U.S. stocks bounced hard, with the Dow up 631 points, or 1.38%, to 46,208.47, the S&P 500 up 1.15% to 6,581.00, and the Nasdaq up 1.38% to 21,946.76.
  • Oil market’s Brent May crude is up more than 3% to $102.96 and WTI May crude is up 3.6% to $91.27 in Asia after Brent had dropped by about 11% to around $99 on Monday from above $112 on Friday.
  • Bitcoin is back above $70,000 after falling below $68,000 yesterday, while metals turned lower with spot gold down 1.5% to $4,342.80 an ounce and silver down 3.5% to $66.68.

 

This articles is written by : Nermeen Nabil Khear Abdelmalak

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