{"id":4071,"date":"2023-10-21T22:15:58","date_gmt":"2023-10-21T22:15:58","guid":{"rendered":"https:\/\/infundpros.com\/markets\/war-weighs-on-the-markets-what-happened-this-week-to-oil-defense-stocks-and-gold\/"},"modified":"2023-10-21T22:15:58","modified_gmt":"2023-10-21T22:15:58","slug":"war-weighs-on-the-markets-what-happened-this-week-to-oil-defense-stocks-and-gold","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=4071","title":{"rendered":"War Weighs on the Markets. What Happened This Week to Oil, Defense Stocks, and Gold."},"content":{"rendered":"
\n
<\/p>\n

<\/p>\n

<\/p>\n<\/figure><\/div>\n

Humanitarian aid arrived in Gaza for the first time Saturday since the attacks in Israel by Hamas on Oct. 7, capping another week of developments for investors. <\/p>\n

Here is where defense stocks, commodities, and gold stood at the close of business on Friday. <\/p>\n

One of the biggest impacts on the stock market was a $75.7 billion funding request that President Joe Biden made to Congress for military aid to Israel and Ukraine. <\/p>\n

\n

On Friday, the day that the president formally sent his proposal to Capitol Hill, defense stocks climbed, then fell to close lower.
\n Lockheed Martin
\n (LMT),
\n Northrop Grumman
\n (NOC),
\n General Dynamics
\n (GD), and
\n L3Harris Technologies
\n (LHX) were down 1.1%, 0.9%, 1.3%, and 1% respectively.
\n Boeing
\n (BA) fell 1.5%, and
\n RTX
\n (RTX) slid 1.8%. <\/p>\n

Two commodities, oil and gold, inched higher.<\/p>\n

West Texas Intermediate, the U.S. benchmark, rose 0.3% to $88.30 a barrel after starting the week around $87, while Brent Crude, the international standard, ticked 0.4% higher to $92.51 after beginning the week around $90, according to
\n FactSet.<\/span>\n <\/p>\n

Oil has been volatile lately. Investor worry that a larger war could spark upheaval in the commodity because nearby countries Iran and Saudi Arabia are major global producers. Oil doesn\u2019t trade on Saturday; the market reopens at 6 p.m. EST on Sunday.<\/p>\n

Gold edged 0.1% lower to $1,993 after stepping into the week around $1,933. The precious metal has generally performed well since violence started, providing what investors consider a safe asset. <\/p>\n

Write to Emily Dattilo at emily.dattilo@dowjones.com<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Humanitarian aid arrived in Gaza for the first time Saturday since the attacks in Israel by Hamas on Oct. 7, capping another…<\/p>\n","protected":false},"author":1,"featured_media":3300,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":{"0":"post-4071","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets"},"yoast_head":"\nWar Weighs on the Markets. What Happened This Week to Oil, Defense Stocks, and Gold. | inFundPros<\/title>\n<meta name=\"description\" content=\"Humanitarian aid arrived in Gaza for the first time Saturday since the attacks in Israel by Hamas on Oct. 7, capping another week of developments for\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/infundpros.com\/?p=4071\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"War Weighs on the Markets. What Happened This Week to Oil, Defense Stocks, and Gold. | inFundPros\" \/>\n<meta property=\"og:description\" content=\"Humanitarian aid arrived in Gaza for the first time Saturday since the attacks in Israel by Hamas on Oct. 7, capping another week of developments for\" \/>\n<meta property=\"og:url\" content=\"https:\/\/infundpros.com\/?p=4071\" \/>\n<meta property=\"og:site_name\" content=\"inFundPros\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-21T22:15:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/1697734841_social.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Press Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Press Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/infundpros.com\/?p=4071#article\",\"isPartOf\":{\"@id\":\"https:\/\/infundpros.com\/?p=4071\"},\"author\":{\"name\":\"Press Room\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff\"},\"headline\":\"War Weighs on the Markets. What Happened This Week to Oil, Defense Stocks, and Gold.\",\"datePublished\":\"2023-10-21T22:15:58+00:00\",\"dateModified\":\"2023-10-21T22:15:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/infundpros.com\/?p=4071\"},\"wordCount\":256,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/infundpros.com\/#organization\"},\"articleSection\":[\"Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/infundpros.com\/?p=4071#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/infundpros.com\/?p=4071\",\"url\":\"https:\/\/infundpros.com\/?p=4071\",\"name\":\"War Weighs on the Markets. What Happened This Week to Oil, Defense Stocks, and Gold. | inFundPros\",\"isPartOf\":{\"@id\":\"https:\/\/infundpros.com\/#website\"},\"datePublished\":\"2023-10-21T22:15:58+00:00\",\"dateModified\":\"2023-10-21T22:15:58+00:00\",\"description\":\"Humanitarian aid arrived in Gaza for the first time Saturday since the attacks in Israel by Hamas on Oct. 7, capping another week of developments for\",\"breadcrumb\":{\"@id\":\"https:\/\/infundpros.com\/?p=4071#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/infundpros.com\/?p=4071\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/infundpros.com\/?p=4071#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/infundpros.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"War Weighs on the Markets. What Happened This Week to Oil, Defense Stocks, and Gold.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/infundpros.com\/#website\",\"url\":\"https:\/\/infundpros.com\/\",\"name\":\"Fintech Advance\",\"description\":\"Latest Finance and Tech News and Updates\",\"publisher\":{\"@id\":\"https:\/\/infundpros.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/infundpros.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/infundpros.com\/#organization\",\"name\":\"Fintech Advance\",\"url\":\"https:\/\/infundpros.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png\",\"contentUrl\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png\",\"width\":409,\"height\":70,\"caption\":\"Fintech Advance\"},\"image\":{\"@id\":\"https:\/\/infundpros.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff\",\"name\":\"Press Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png\",\"contentUrl\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png\",\"caption\":\"Press Room\"},\"sameAs\":[\"https:\/\/infundpros.com\"],\"url\":\"https:\/\/infundpros.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"War Weighs on the Markets. What Happened This Week to Oil, Defense Stocks, and Gold. | inFundPros","description":"Humanitarian aid arrived in Gaza for the first time Saturday since the attacks in Israel by Hamas on Oct. 7, capping another week of developments for","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/infundpros.com\/?p=4071","og_locale":"en_US","og_type":"article","og_title":"War Weighs on the Markets. What Happened This Week to Oil, Defense Stocks, and Gold. | inFundPros","og_description":"Humanitarian aid arrived in Gaza for the first time Saturday since the attacks in Israel by Hamas on Oct. 7, capping another week of developments for","og_url":"https:\/\/infundpros.com\/?p=4071","og_site_name":"inFundPros","article_published_time":"2023-10-21T22:15:58+00:00","og_image":[{"width":1280,"height":640,"url":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/1697734841_social.jpeg","type":"image\/jpeg"}],"author":"Press Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Press Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/infundpros.com\/?p=4071#article","isPartOf":{"@id":"https:\/\/infundpros.com\/?p=4071"},"author":{"name":"Press Room","@id":"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff"},"headline":"War Weighs on the Markets. What Happened This Week to Oil, Defense Stocks, and Gold.","datePublished":"2023-10-21T22:15:58+00:00","dateModified":"2023-10-21T22:15:58+00:00","mainEntityOfPage":{"@id":"https:\/\/infundpros.com\/?p=4071"},"wordCount":256,"commentCount":0,"publisher":{"@id":"https:\/\/infundpros.com\/#organization"},"articleSection":["Markets"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/infundpros.com\/?p=4071#respond"]}]},{"@type":"WebPage","@id":"https:\/\/infundpros.com\/?p=4071","url":"https:\/\/infundpros.com\/?p=4071","name":"War Weighs on the Markets. What Happened This Week to Oil, Defense Stocks, and Gold. | inFundPros","isPartOf":{"@id":"https:\/\/infundpros.com\/#website"},"datePublished":"2023-10-21T22:15:58+00:00","dateModified":"2023-10-21T22:15:58+00:00","description":"Humanitarian aid arrived in Gaza for the first time Saturday since the attacks in Israel by Hamas on Oct. 7, capping another week of developments for","breadcrumb":{"@id":"https:\/\/infundpros.com\/?p=4071#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/infundpros.com\/?p=4071"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/infundpros.com\/?p=4071#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/infundpros.com\/"},{"@type":"ListItem","position":2,"name":"War Weighs on the Markets. What Happened This Week to Oil, Defense Stocks, and Gold."}]},{"@type":"WebSite","@id":"https:\/\/infundpros.com\/#website","url":"https:\/\/infundpros.com\/","name":"Fintech Advance","description":"Latest Finance and Tech News and Updates","publisher":{"@id":"https:\/\/infundpros.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/infundpros.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/infundpros.com\/#organization","name":"Fintech Advance","url":"https:\/\/infundpros.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/infundpros.com\/#\/schema\/logo\/image\/","url":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png","contentUrl":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png","width":409,"height":70,"caption":"Fintech Advance"},"image":{"@id":"https:\/\/infundpros.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff","name":"Press Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/infundpros.com\/#\/schema\/person\/image\/","url":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png","contentUrl":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png","caption":"Press Room"},"sameAs":["https:\/\/infundpros.com"],"url":"https:\/\/infundpros.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts\/4071","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4071"}],"version-history":[{"count":1,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts\/4071\/revisions"}],"predecessor-version":[{"id":4072,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts\/4071\/revisions\/4072"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/media\/3300"}],"wp:attachment":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}