The S&P 500 remained largely flat in afternoon trading, closing up 0.014%. The Nasdaq held steady, closing with a 0.082% gain, as did the Dow, closing up 0.094%.
With oil prices rising on Middle East tensions, defense and energy stocks such as Leonardo, Equinor, BAE, Shell and Total were some of the biggest gainers.
Hong Kong saw a 6.2% rally fueled by optimism over new measures from Beijing aimed at supporting the struggling property sector and financial markets.
Airlines that saw flights affected by the Iran-Israel conflict fell with rising oil prices impacting their overall market confidence.
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