04:11 PM EDT, 06/23/2025 (MT Newswires) -- US benchmark equity indexes ended higher Monday after oil prices dropped

following Qatar's interception of Iran's retaliatory missile strikes on a US air base.

* Videos recorded by residents in Qatar showed flashes and explosions across the area. The reported strikes came about an hour after Qatar announced the closure of its airspace in preparation for a possible Iranian attack.

* Despite a relatively calm Monday morning, several short- and long-term risks remain tied to the US-Iran-Israel conflict, Macquarie Group strategist Thierry Wizman said in a note. They include uncertainties involving Russia's role, the possibility of China taking advantage of the situation, potential instability in Iran and increased political divisions in the US.

* August West Texas Intermediate crude oil closed down $4.99 to settle at $68.82 per barrel, while August Brent crude, the global benchmark, was last seen down $5.20 to $71.80.

* Tesla (TSLA) shares jumped 8.2% after the company started offering rides in Robotaxis on Sunday in Austin, Texas. Wedbush Securities said the trips exceeded expectations.

* Super Micro Computer ( SMCI ) shares fell 9.8%. The company intends to offer $2 billion of convertible senior notes due 2030.