New York — Wall Street opened mixed on Monday as rising tensions between the United States and Iran increased uncertainty in global markets.
At the opening bell, the Dow Jones Industrial Average fell 0.44%, while the S&P 500 dropped 0.12%. The Nasdaq Composite showed a small gain of 0.03%.
Market concerns are linked to the situation in the Strait of Hormuz, after President Donald Trump announced an operation to help ships move safely through the area.
Conflicting reports about possible attacks on U.S. vessels added to uncertainty, although U.S. Central Command denied the claims.
Oil prices reacted quickly, with WTI crude rising above $102 per barrel due to fears of supply disruptions.
In other markets, gold fell 1.6% and silver dropped 3.46%. The VIX rose more than 4%, but remained below 20 points, showing moderate market stability.
Puerto Rico treats hundreds of medical travelers each year from across the Caribbean—patients who arrive not for convenience or cosmetic care, but because lifesaving services do not exist where they live. Throughout the years, the Puerto Rico government has made efforts to boost medical tourism, primarily with patients from the U.S. mainland, but without much […]
The Senate President argued that the current permit system allows for bureaucrats to make arbitrary decisions when evaluating permit applications Despite public disagreements with the governor about her proposed permit reform, House Speaker, Carlos “Johnny” Méndez and Senate President Thomas Rivera Schatz both expect to accomplish permit reform by the end of the legislative session. […]
Nearly a decade after Congress imposed the Financial Oversight and Management Board through Promesa, Puerto Rico stands at a critical crossroads. While the Island has restructured most of its debt and restored fiscal stability in some areas, unresolved challenges—including Prepa’s bankruptcy, stalled fiscal reforms, and questions about long-term economic sustainability—continue to fuel debate over the Board’s legacy and Puerto Rico’s future after Promesa.
