US Stock Market Today: Dow, S&P 500, and NASDAQ Dip as Oil Rises and Earnings Cloud Wall Street Outlook
US stocks fell on Thursday as investors weighed the US-Iran impasse, higher oil prices, and mixed earnings. The Dow Jones Industrial Average dropped 154.00 points to 49,341.55, while the S&P 500 and NASDAQ Composite also declined.
US stocks declined on Thursday as investors assessed the US-Iran standoff, rising oil prices, and mixed corporate earnings. The Dow Jones Industrial Average fell 154.00 points to 49,341.55. The S&P 500 lost 6.61 points to 7,131.08, and the NASDAQ Composite dropped 57.27 points to 24,593.45. Oil prices rose for a fourth straight session, with Brent crude near $103 a barrel. IBM shares fell 12% after the company's revenue growth slowed. Tesla and Lockheed Martin also declined, while Texas Instruments gained on a stronger outlook.
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