Oil prices jump and Wall Street slides as investors eye Middle East tensions [Fortune]
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Source: Fortune
Europe, too, was down for the same reasons, while Hong Kong stumbled from its three-week rise. S&P 500 Futures : 5,745.25 ?? down 0.26% S&P 500 : 5,699.94 ?? down 0.17% Nasdaq Composite : 17,918.48 ?? down 0.037% Dow Jones Industrial Average : 42,011.59 ?? down 0.44% STOXX Europe 600 : 516.29 ?? down 0.93% Hang Seng Index : 22,113.51 ?? down 1.47% Nikkei 225 : 38,552.06 ?? up 1.97% Bitcoin: $60,985.30 ?? up 0.58% US: Wall Street keeps sliding from records Stocks dropped as oil prices surged, with Brent crude jumping 5%, reaching $77.62 per barrel, after starting the week under $72. This puts it on track for its largest weekly gain in almost two years. Investors' eyes are on the Middle East crisis, where ongoing tensions between Israel and Iran threaten global supply chains, as the region accounts for a third of global oil output. Meanwhile, Nvidia shares bucked the trend, rising over 3% after CEO Jensen Huang highlighted strong demand for its next-gen Blackwell c
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