Crude oil moves higher. Stocks move lower as reports of an American attack on Iran

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The price of crude oil is moving higher and stocks are moving lower on reports of an American attack on Iran. There are sounds of explosions heard in Chabahar and Bandar Abbas according to  local reports.

The price of crude oil has moved to a high of $89.85. The current price is trading at $89.72. That's up close to $4 on the day. The low price was at $86.70.

US stocks have dipped with the NASDAQ index now down to hundred 6 points or 0.79% at 26167. It is still of its lows at 25995.53. The NASDAQ 100 is down 328 points or -1.11% at 29127. That to is off it low at 28992.25

This article was written by Greg Michalowski at investinglive.com.

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