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By Pete Schroeder Sept 9 (Reuters) - Wall Street ended lower on Wednesday, with oil prices still stuck at over $100 a barrel, as ongoing Gulf tensions and inflation fears weighed on investors.
U.S. stocks extended their recent decline as the war in the Middle East continued to escalate and to drive up oil prices.
US equity indexes ended lower Wednesday after crude oil climbed and government bond yields rose desp
(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe
The Bancorp's stock is falling after a key client announced it's buying a competitor.
Chip stocks were on a roll despite broad weakness in the rest of the market. The PHLX Semiconductor Index was up 0.5%, marking its fifth- straight day of gains. The chip index hasn't seen a win streak that long since early June.
Oil prices were at the highest levels seen in months, dragging stocks lower. Yet, the three major indexes weren't too far off their record highs. The tech-heavy Nasdaq Composite saw the largest declines, down 0.
(Updates with latest market prices and developments.) US benchmark equity indexes fell intraday a
ServiceTitan stock is getting crushed today, but its latest quarterly report was far from bad.
(Updates with index/price moves, macroeconomic data, comments and company/geopolitical news from the
Dow Tumbles From Record High as Market Weakness Persists
The Federal Reserve's fight against inflation could pick up, and soon.
US equity indexes fell as Brent crude oil futures crossed $100 a barrel, while a surge in government
The Treasury tripled its bond buyback to calm yields. Yields went up anyway. Here's what that tells investors.
VOO and QQQM provide instant diversification and long-term safety.
The U.S. Treasury announced it will be buying back $6 billion in long-term debt, but it failed to wow investors who were expecting the number to come in as high as $10 billion. The S&P 500 slid 0.6%, while the Nasdaq Composite fell 0.8%. The rise in Treasury yields continued, with the 10-year yield passing 4.85%, its highest intraday level since 2023.
Chewy's fiscal Q2 report looked solid, but the stock is still selling off.
International oil benchmark Brent spiked above $100 a barrel Wednesday for the first time since late July following renewed US-Iran hostilities in the Middle East, stoking fears of widespread price rises and interest rate hikes. Iran on Wednesday launched fresh attacks against US targets in the Middle East in retaliation for American strikes on Iranian oil tankers, dragging the foes deeper into war.
The U.S. military struck five Iranian tankers after Iran fired ballistic missiles at a U.S. Navy warship.
Escalating U.S.-Iran tensions sent oil surging roughly 3%, rattling investors with fresh fears about inflation
Wall Street is no longer looking through higher oil prices driven by the war in Iran, and it's weighing on stocks. The Nasdaq Composite fell 0.5%. David Rosenberg at Rosenberg Research described recent moves as a market rotation without direction.
Stock Market Today: The Dow Jones index drops Wednesday on rising oil prices. Apple stock falls ahead of the iPhone event.
Coinbase Global, Inc. (NASDAQ:COIN) remains in focus as investors weigh strength in crypto-linked stocks alongside the company’s push to expand infrastructure for its prediction-market business.COIN stock traded about 1% higher during Wednesday’s premarket session even as broader index futures weakened....
U.S. stock futures fell and Treasury yields ticked higher after Brent topped $100 a barrel for the first time since July.
US equity futures were edging lower pre-bell Wednesday as oil prices continued to rise amid escalati
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