Stock market today: Dow, S&P 500, Nasdaq futures waver ahead of retail earnings - Yahoo Finance
US stock markets declined as rising oil prices and Treasury yields fueled concerns over geopolitical tensions and national debt. Investors are now looking toward upcoming retail earnings reports and Federal Reserve meeting minutes for further market direction.
Why it matters
Market volatility and rising yields impact consumer borrowing costs and the broader economic outlook for the US retail sector.
US stocks fell on Monday as oil prices and Treasury yields jumped amid renewed concerns that the US-Iran war could reignite.The Dow Jones Industrial Average (^DJI) declined 0.5%, while the S&P 500 (^GSPC) also fell 0.5% after the benchmark index posted its third straight weekly gain. The tech-heavy Nasdaq Composite (^IXIC) dropped 0.3% following a relatively calm week on Wall Street.Stocks tipped lower in afternoon trading as oil prices rose on concerns about an escalation in the US-Iran war after a memorandum of understanding between the two nations expired on Monday. Brent crude (BZ=F) futures, the international benchmark, hit $90 per barrel after President Trump said he doesn't see the war ending anytime soon.
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