This episode discusses the recent pullback in US stocks amid rising oil prices and investor uncertainty regarding the Iran war.
US stocks pulled back on Thursday, led by a drop in software and higher oil prices, as investor uncertainty toward the trajectory of the Iran war hovered over the market. The S&P 500 traded down 0.41% to close at 7,108.40, after earlier hitting a new all-time intraday high. The tech-heavy Nasdaq Composite declined 0.89% to finish at 24,438.50. It had also scored a new all-time high in the session. The Dow Jones Industrial Average lost 179.71 points, or 0.36%, to finish at 49,310.32. Share...
People in this episode
Host: Marcus Today
Topics covered
US markets
stock market
investor uncertainty
quarterly reports
oil prices
software sector
Keywords
US stocks
S&P 500
Nasdaq
Dow Jones
oil prices
software drop
investor uncertainty
Mentioned in this episode
Organizations: S&P 500, Nasdaq Composite, Dow Jones Industrial Average