Dow, Iran and oil prices
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The impact on oil prices and in turn, on inflation is the focus for investors already uneasy about the backdrop for stocks.
The stock market today remained on edge as investors waited for the February jobs report and as the war in Iran continued. Futures tied to the Dow Jones dropped by 200 points, while those linked to the S&P 500 and Nasdaq 100 indices fell by ~100 points.
The Dow, S&P 500, and Nasdaq fell as the stock market reacted to disappointing jobs data and surging oil prices.
Major stock indexes fell Friday to post losses for a second straight week after a weak jobs report, while oil futures soared as the war in the Middle East intensified.
The U.S. stock market struggled Friday with a disappointing U.S. jobs report and a spike in oil prices amid the Iran conflict. Treasury yields saw their biggest weekly jump since April amid worries over inflation.
US stock market down today: The Dow fell 188 points to 49,999 today. The S&P 500 dropped 0.39%. The Nasdaq sank 0.83%. The US stock market crashed despite strong January jobs data. The economy added 130,
Treasury yield rises above 4.1% as fears of energy-driven inflation increase