Stock Market Midday, Sept. 9: Stocks Slide as Oil Surges Past $100, While Meta Gains

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.