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Over 500,000 new listings every month based on average new for sale and rental listings. July 2024 to June 2025. Thank you. Here's your Closing Bell Brief for Monday, March 2nd. I'm Catherine Sullivan for The Wall Street Journal. U.S. stocks finished the day with mixed results as Middle East tensions climbed following U.S. and Israeli strikes against Iran this weekend. The Dow fell 0.2% today.
The S&P 500 was nearly flat. The Nasdaq, however, rose 0.4%. Investors moved towards safe assets like gold and the U.S. dollar. Oil prices surged as strikes in Iran threatened energy infrastructure. Treasury yields also pushed higher due to concerns about rising inflation. Among individual companies, United Airlines shares dropped nearly 3 percent.
The carrier extended flight cancellations to avoid conflict zones in the Middle East. Lockheed Martin stock jumped over 3 percent as defense and aerospace stocks rallied. Investors reacted to the increasing military conflict involving Iran. Norwegian Cruise Line shares plunged 10.5%.
The cruise line operator issued a disappointing outlook and faces potentially higher fuel costs amid the Middle East conflict. Nvidia stock gained 3% today. The chipmaker plans to unveil a new processor for artificial intelligence. And Elevent's health shares slid 8%. Regulators threatened to block the insurer from enrolling new Medicare customers due to alleged violations of data reporting rules.
Heads up, an artificial intelligence tool helped us make this episode by creating summaries that were based on WSJ reporting and then reviewed and adapted by an editor. We'll have a lot more coverage of the day's news on the WSJ's What's News podcast. You can add it to your playlist on your smart speaker or listen and subscribe wherever you get your podcasts.
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