U.S. oil futures added about $6 a barrel in late trading after the Energy Department said it will tap the Strategic Petroleum Reserve in conjunction with similar market-supporting moves announced ...
S&P 500 Futures fell 0.9% to 6,721.75 points, while Nasdaq 100 Futures also declined 0.9% to 24,760.75 points by 20:34 ET (00:34 GMT). Dow Jones Futures dropped 1% 46,964.0 points.
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Dow Jones futures fall as oil prices top $90 on tanker attacks; Oracle, Nvidia lift these AI names
Stocks largely fell as crude oil prices jumped despite a record IEA reserves release amid the Iran war. Nvidia, Oracle news lifted AI stocks.
BOSTON: Global shares fell and benchmark Treasury yields spiked on Wednesday (Mar 11) after data showed US inflation picked up as expected while oil prices resumed their climb as the US-Israeli war on ...
Meanwhile, Iran took credit for attacks on ships in the Strait of Hormuz as U.S. gas prices reached a national average of $3.59 a gallon.
In today’s news, oil rallies as tankers burn in Iraqi waters, Atlassian slashes 1600 jobs as AI challenges its future, and bonds flash red as markets wake up to Donald Trump’s poisoned TACO.
Explosions are reported on two more foreign tankers in the Persian Gulf killing at least one person, port authorities say.
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