Stock Market Today: Oil Jumps to $100
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Investor's Business Daily on MSN
Stock market today: Bears smash Dow 739 points lower as utilities rally; oil giant hits profit rule (live coverage)
The Dow Jones index sold off 650 points Thursday as oil prices surged. Dollar General tumbled on earnings.
Major stock indexes ended mostly lower Wednesday as oil futures rose, even though the International Energy Agency decided to release a massive amount of strategic reserves to stabilize prices.
US stock market is expected to open lower on March 12 as futures of three key averages decline due to rising crude oil prices. The US-Israel conflict with Iran escalates, impacting oil prices, while investors await crucial economic data that may influence Federal Reserve's rate decisions.
Up Another 13% 23 hours ago Shares of HIMS are up another 13%, or by $3.10, on news that Novo Nordisk agreed to distribute its products through the Hims platform, ending a longstanding feud between the companies.
Stock futures pointed to a lower open Thursday as oil prices continued their ascent, with the International Energy Agency saying the Middle East war was "creating the largest supply disruption in the history of the global oil market.
Stocks were able to wipe out earlier losses as investors were optimistic about the Middle East conflict ending soon and oil prices coming down
Investor's Business Daily on MSN
Stock market today: Indexes fall on oil surge; Occidental hits a sell rule, Baker Hughes falls (live coverage)
The Dow Jones index sold off 600 points Thursday as oil prices surged. Dollar General tumbled on earnings.
Editor’s Note: The future prices of benchmark tracking ETFs, the lede, the economic data, and the headline were updated in the story. U.S. stock futures fell on Thursday following Wednesday’s mixed close.