The stock market fell for a third straight week, breaking or testing key levels, as oil prices soared amid the Iran war.
The Iran war has pushed the Dow into the red for 2026.
The Dow and S&P 500 fell as markets reacted to oil prices and the Iran war. The Nasdaq gained on a boost from Oracle.
The Dow, S&P 500, and Nasdaq fell as Wall Street worried rising oil prices would risk future rate cuts and the war with Iran escalated.
Stocks fell sharply on Wall Street on Thursday as oil prices rose further because of the war with Iran.
Stock futures added to gains after a key inflation reading Friday, but major indexes were poised to close mostly lower for the week as oil prices remain elevated.
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Wall Street is having a rough day as the Iran war spurs on skyrocketing oil prices. Clayton Seigle, senior fellow for the Energy Security and Climate Change Program at CSIS, joins CBS News to discuss.
A sell-off for stocks wrapped around the world and hit Wall Street, while oil prices climbed even higher on worries about the widening war with Iran.
Futures linked to the Dow Jones are down nearly 450 points, while those linked to the S&P 500 are also down 50 points. Nasdaq ...