Dow, S&P 500 and Nasdaq fall for third straight day as oil prices hit $101
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9 Articles
(New York = Yonhap News) Correspondent Lim Soo-jung = The three major New York stock indices fell for the third consecutive day on the 9th (local time) due to the impact of international oil prices surpassing $100 and a surge in U.S. Treasury yields.
Dow falls more than 400 points as Brent crude settles above $101
The New York stock market fell for three consecutive trading days following the surge in international oil prices above $100 and U.S. Treasury yields. Rising energy prices due to heightened tensions in the Middle East and concerns over rising financing costs, as the U.S. Treasury's bond buyback measures fell short of market expectations, worsened overall investor sentiment in the stock market.
Stocks Drop Across the Board as Oil Surges
Stocks fell on Wall Street on Wednesday as the price of raw oil topped $100 a barrel again. The S&P 500 fell 37.16 points, or 0.5%, to 7,636.36. The Dow Jones Industrial Average fell 405.41 points, or 0.8%, to 52,380.66. The Nasdaq...
All three major indexes on Wall Street closed with losses. More...
Wall Street's three major stock market indexes fell again today, as rising US Treasury yields and rising oil prices continued to… Wall Street: Third consecutive decline for Dow Jones, S&P 500 and Nasdaq - ΙΝΑΦΤΕΜΟΠΟΡΙΚΙ
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