Wall Street mostly loses ground under pressure from rising oil prices
9 Articles
9 Articles
The Korea Times
Wall Street mostly loses ground under pressure from rising oil prices
NEW YORK — Stocks slipped on Wall Street Friday under increasing pressure from rising oil prices. The S&P 500 fell 0.2 percent, adding to its decline from a day before. The index is on track for a second-straight week of losses. The Dow Jones Industrial Average fell 541 points, or 1 percent, as of 11:12 a.m. Eastern time. The Nasdaq composite rose 0.2 percent, bolstered by gains for several big tech stocks that also helped ease losses elsewhere.…
NEW: Staggering Shift In Oil Prices Rocks Stock Market
Wall Street took another hit Friday as surging oil prices sent stocks tumbling, raising fresh concerns about inflation, borrowing costs and the growing financial toll of the U.S. war with Iran. The Dow Jones Industrial Average plunged 541 points, or 1%, by 11:12 a.m. Eastern, while the S&P 500 slipped 0.2%, putting the benchmark index […]
The main indices of Wall Street have mixed performances this Friday.The Nasdaq of technology companies rises by a rebound in the sector after a day of strong pressure waiting for the quarterly results of three technological giants next week.The Industrial Average Dow Jones, consisting of the shares of 30 giants, yields 0.99% to 52,345.03 units, while the S&P 500, of the most valuable companies, drops 0.16% to 7,651.19 points.The Nasdaq Composite…
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