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Market Impact: 0.38
Stock Market Midday, Sept. 9: Stocks Slide as Oil Surges Past $100, While Meta Gains
Source: Nasdaq
Energy Markets & PricesInflationMarket Technicals & FlowsInvestor Sentiment & Positioning
At 11:43 AM ET, U.S. equities were broadly lower as rising oil prices heightened inflation concerns: the S&P 500 fell 0.48% to 7,636.59, the Nasdaq Composite declined 0.68%, and the Dow Jones Industrial Average dropped 0.73% to 52,399.06. The move reflects risk-off positioning amid concern that higher energy costs could worsen the inflation outlook.
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