Dow, Iran and Chemical stocks
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Stock Market Today: Oil Jumps to $100
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The S&P 500 fell 1.5% Thursday and returned to big swings following a couple days of relative calm. The Dow Jones Industrial Average dropped 1.6%, and the Nasdaq composite sank 1.8%. The center of action was again the oil market,
Market confidence in a short war was misplaced. This isn’t a time to be confident about the outcome.
The Dow Jones Industrial Average fell for a seventh session on Friday, posting its longest run of losses since 2020. The blue-chip index lost 86.06 points, or 0.2%, to close at 43,828.06. The Nasdaq Composite gained 0.12% to 19,926.72. The S&P 500 ...
Stocks finish mostly lower on Wednesday as 10- through 30-year Treasury yields jump on the risks of inflation.
Stock futures pointed to a lower open Thursday as oil prices continued their ascent, with the International Energy Agency saying the Middle East war was "creating the largest supply disruption in the history of the global oil market.
Oil shot to its highest price since 2023 after surging again because of the Iran war, and a weak update on the U.S. job market knocked stocks lower to cap Wall Street’s worst week since October.
5hon MSN
Dow falls over 700 points, oil hits $100 as Iran’s new leader to keep Strait of Hormuz blocked
US stocks plummeted Thursday as oil prices hit $100 after Iran’s new supreme leader vowed to keep the Strait of Hormuz blocked. The Dow Jones Industrial Average had plunged 739 points, or 1.6%, Thursday while the S&P 500 and Nasdaq fell 1.
Oil prices surged to the highest level since 2022 amid Iran war concerns, reaching $115 per barrel before falling more than 8% as supply disruption concerns ease.