Wall St indexes open lower as oil crosses US$100
[NEW YORK] The main US stock indexes opened lower on Wednesday (Sep 9) as oil prices surged past the market-sensitive US$100-a-barrelmark level...
On Wednesday, September 9, the primary US stock indexes commenced the trading day on a downward trajectory as the price of oil crossed the psychological threshold of US$100 per barrel for the first time since July, a development fueled by escalating tensions in the Middle East. The Dow Jones Industrial Average suffered a loss of 78.2 points, equivalent to 0.15 percent, settling at 52,707.9 at the market opening.
The S&P 500 experienced a decline of 12.8 points, or 0.17 percent, bringing its opening price to 7,660.68. Similarly, the Nasdaq Composite index experienced a drop of 96.4 points, or 0.36 percent, closing at 26,325.061. The Reuters Decoding Asia newsletter serves as a guide for individuals seeking to navigate the evolving economic landscape in Asia.
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Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
