Rising oil prices, falling technology stocks and reversing bond yields keep Wall Street unsettled
Summary
Rising oil prices, falling technology stocks and reversing bond yields kept Wall Street unsettled on Thursday 8 October. Oil prices jumped sharply as President Donald Trump weighed whether to resume large-scale U.S. military operations in Iran, with a barrel of Brent climbing back toward $105, and another surge in bond yields, to 24-year highs according to Business Insider, rattled stocks earlier in the day. The S&P 500 fell 0.5% for a second straight loss after setting its all-time high, the Dow Jones Industrial Average added 51 points, or 0.1%, and the Nasdaq composite fell 1.3%.
Latest: The S&P 500 fell 0.5% for a second straight loss after setting its all-time high and the Nasdaq composite fell 1.3%, as oil prices rose and bond yields reversed.
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How it unfolded
Thursday 8 October
The S&P 500 fell 0.5% for a second straight loss after setting its all-time high and the Nasdaq composite fell 1.3%, as oil prices rose and bond yields reversed.
- 16:35LA TimesRising oil prices, falling technology stocks and reversing bond yields keep Wall Street unsettled
- 16:30The Philadelphia InquirerRising oil prices, falling technology stocks, and reversing bond yields keep Wall Street unsettled
- 16:03The Philadelphia InquirerRising oil prices, falling technology stocks and reversing bond yields shake Wall Street
- 10:39The Philadelphia InquirerUS stocks edge further from their record as oil prices rise
- 09:33The Philadelphia InquirerSharp rise in crude oil prices weighs on Wall Street
- 08:56Business InsiderStocks are tumbling as oil prices surge and bond yields hit 24-year highs
- 08:15NBC NewsOil prices hit $105 and stocks tumble as Trump considers renewed strikes on Iran