Shares of energy companies rose as oil futures extended their winning streak.
Oil futures rose for the fourth straight session to bring their weekly gains to 4.6% as recession fears eased and traders anticipated an attack from Iran on Israel in retaliation for Israel's strikes on Hamas leaders in Iran.
Iran is pursuing research that has put it in a better position to launch a nuclear weapons program, according to a new assessment by U.S. intelligence agencies.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
08-09-24 1750ET
