local
Stocks recover losses, and oil prices ease as calm returns to financial markets worldwide
By Chan Ho-Him, Associated Press at KSAT 12 (ABC affiliate) — San Antonio
· July 9, 2026
· 4 min read
Stocks rose, and oil prices eased Thursday as financial markets calmed in the wait to see what will come next after President Donald Trump raised doubts about the temporary truce in the war with Iran.The S&P 500 climbed 0.8% and more than recovered its loss from the day before, even though the U...
Key takeaway 8% and more than recovered its loss from the day before, even though the United States launched new airstrikes against Iran, which responded by targeting U.
Why this matters in Terrell Hills News
For Terrell Hills residents, the escalating conflict in the Middle East and its impact on global markets may seem distant, but the effects of rising oil prices and market volatility can be felt locally. With a significant portion of the city's commuters relying on vehicles to travel to work in San Antonio, increased oil prices can lead to higher fuel costs, affecting household budgets. Additionally, the uncertainty in the markets can influence local business investment and expansion plans, potentially impacting the local economy. As the situation continues to unfold, Terrell Hills residents may want to keep an eye on how the city's businesses and government respond to potential economic shifts, and how they may be affected by changes in the global market. The city's proximity to major military installations and its role in the regional economy also make it vulnerable to the economic repercussions of the conflict.
About this story
Original reporting by KSAT 12 (ABC affiliate) — San Antonio . Terrell Hills News surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KSAT 12 (ABC affiliate) — San Antonio . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 9, 2026 ·
Source: KSAT 12 (ABC affiliate) — San Antonio ·
Reading time: 4 min
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Frequently asked about this story
What is this story about? Stocks rose, and oil prices eased Thursday as financial markets calmed in the wait to see what will come next after President Donald Trump raised doubts about the temporary truce in the war with Iran.The S&P 500 climbed 0.8% and more than recovered its loss from the day before, even though the U...
When was this published? This article was first published on July 9, 2026 by KSAT 12 (ABC affiliate) — San Antonio and curated for Terrell Hills News readers.
Who reported this story? This story was reported by Chan Ho-Him, Associated Press at KSAT 12 (ABC affiliate) — San Antonio. To learn more about how Terrell Hills News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from Terrell Hills News, or browse our daily briefing and topic hubs .
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