slump

Stocks slump as Iran war sends oil prices surging above $100 a barrel

by

U.S. stocks tumbled in early trading on Monday after oil prices topped $100 a barrel over the weekend and the war in Iran showed no signs of abating. The S&P 500 slid 88 points, or 1.3%, to 6,652 in early trading, while the Dow Jones Industrial Average plunged 632 points, or 1.3%, to 46,870. The … Read more

Stocks slump as inflation, AI worries rattle investors

by

Stocks slid on Friday as higher-than-expected inflation data and mounting fears about artificial intelligence’s economic impact weighed on investors. The S&P 500 fell 30 points, or 0.4%, to close at 6,879, while the Dow Jones Industrial Average tumbled 521 points, or 1.1%. The tech-heavy Nasdaq Composite sank 0.9% on the day. The losses followed the … Read more