Wall Street pressured by rising oil prices
New York Stock Exchange closed lower on Thursday, still weighed down by the Middle East conflict and rising oil prices, which rekindled fears of an inflationary push. AFP The Dow Jones index fell 1.56%, the tech Nasdaq 1.78%, and the broader S&P 500 index retreated 1.52%.
TL;DR
- New York Stock Exchange closed lower on Thursday.
- The decline was influenced by the Middle East conflict and rising oil prices.
- There are renewed fears of an inflationary push.
- The Dow Jones index fell by 1.56%.
- The Nasdaq index fell by 1.78%.
- The S&P 500 index fell by 1.52%.