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US stocks climb over 1% on easing crude oil prices
short by Vaishnavi Mishra / on Monday, 16 March, 2026
All stock indices in the US rose as crude oil prices eased slightly on talks of securing the Strait of Hormuz for more tankers to pass. Tech-heavy Nasdaq opened 1.06% or 235.03 points higher at 22,340.39, while S&P 500 opened 0.7% or 42.18 points higher. Futures linked to the Dow Jones Industrial Average rose 223 points, or 0.5%.
read more at Moneycontrol