Oil prices, which likewise had surged overnight, eased from their highs of the day on the Oman news
Freeport-McMoRan sank 10.6% for one of the market’s larger losses
The Dow Jones Industrial Average fell 11.31 points
The S&P 500 suffered its largest single-day percentage drop
European stock markets started the week on a positive note, appearing to shrug off President Donald Trump’s latest tariff announcement.