(Reuters) – The New York Stock Exchange ended up on Monday after oil prices fell despite the continuation of the attacks between Israel and Iran.

The Dow Jones index won 0.75%, or 317.30 points, at 42,515.09 points. Standard & Poor’s 500, wider, took 56.14 points, or 0.94% to 6,033.11 points. The Nasdaq Composite advanced on its side of 294.39 points, or 1.52% to 19,701,213 points.

The prices of crude have dropped by more than 1% after Iran asked Qatar, Saudi Arabia and Oman to intervene with Donald Trump to put pressure on Israel for an immediate ceasefire, after four days of conflict.

Oil prices had soared 7% after the start of hostilities on Friday.

Investors also await the decision of monetary policy of the federal reserve on Wednesday which should leave its rates unchanged.

If a status quo is widely awaited on Wednesday, investors will monitor the comments of the president of the Fed, Jerome Powell, as well as the updated projections of the Central Bank for monetary policy and economic growth, in order to obtain indices on possible rate drops later in the year.

To values, the US Steel action is advancing 5.1% after US President Donald Trump approved the partnership between the American steel and Nippon Steel 5401.T, ending the eighteen months of negotiations.

Sarepta Therapeutics saw its title fall by 42.1% after the company reported that a second patient treated by its gene therapy for a rare form of muscular dystrophy died of kidney failure.

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(Writing of Reuters)

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