Trading Day: Fog of War
Oil prices jumped nearly $2 a barrel as investors awaited bank earnings and inflation data, while technology stocks led Nasdaq losses.
8 Articles
8 Articles
Nasdaq falls ahead of earnings, economic data while oil rallies
Nasdaq Falls as Oil Prices Surge Following Saudi Airport Attacks, Investors Await Bank Earnings
Wall Street ended Monday's session mixed as a sharp increase in crude oil prices weighed on technology shares and heightened inflation concerns, while energy stocks ... The post Nasdaq Falls as Oil Prices Surge Following Saudi Airport Attacks, Investors Await Bank Earnings first appeared on [your]NEWS.
US stocks: Nasdaq ends lower as oil prices surge ahead of earnings, economic data
The Nasdaq composite index faced a downturn as oil prices surged following attacks on a Saudi airport. With major banks set to release their earnings reports, investor focus sharpens this week. The S&P 500 and Dow Jones saw mixed performances, while the energy sector thrived. Heightened inflation concerns due to rising oil costs have begun to sway investor confidence, mirroring a cautious market atmosphere tied to earnings and economic uncertain…
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