{
  "id": 16204062,
  "title": "Wall Street mostly loses ground under pressure from rising oil prices",
  "url": "https://urgent.news/2026/10/23/wall-street-mostly-loses-ground-under-pressure-from-rising-oil-prices-16204062",
  "topic": "world",
  "section": "World",
  "published": "2026-10-23T17:12:04.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/world/20261024/wall-street-mostly-loses-ground-under-pressure-from-rising-oil-prices"
  },
  "original_language": "en",
  "account": "On Friday, Wall Street experienced a generally negative performance as rising oil prices put pressure on stocks. The S&P 500 fell by 0.2%, continuing its decline from the previous day, and is on track for a second consecutive week of losses. The Dow Jones Industrial Average dropped by 541 points, or 1%, while the Nasdaq composite rose by 0.2%, driven by gains in several major tech companies. However, the overall market sentiment was mostly bearish, with three-quarters of the stocks in the S&P 500 index falling. Brent crude oil prices surged 2.4% to $115.86, having risen from under $97 at the beginning of October and reaching their highest level since March. Despite the overall market decline, several AI-related companies, such as Micron Technology and Microsoft, managed to offset some of the negative impact from the broader drop in most stocks. Nvidia's 0.3% gain also helped cushion the losses in the broader market, highlighting the significant influence of the tech sector on the overall market movement.",
  "summary": "NEW YORK — Stocks slipped on Wall Street Friday under increasing pressure from rising oil prices. The S&P 500 fell 0.2 percent, adding to its decline from a day before. The index is on track for a second-straight week of losses. The Dow Jones Industrial Average fell 541 points, or 1 percent, as of 11:12 a.m. Eastern time. The Nasdaq composite rose 0.2 percent, bolstered by gains for several big…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}