Iran war strains consumers as stocks and oil climb (opens in new tab)

President Trump said Friday he was nearing a final decision on a potential deal with Iran, while CNBC analyzed the economic split from the U.S.-Iran war: rising equity markets for investors and higher energy costs for consumers. CNBC said stocks have climbed sharply while consumers have faced higher energy prices. The S&P 500 fell about 8% when the war began, then rebounded 19% starting in late March and was up 10.7% for the year, according to CNBC. Seeking Alpha said crude prices have risen ...