S&P 500 Logs Worst Day Since January as Oil Advances
The S&P 500 declined the most since January on Thursday as oil prices jumped amid uncertainty around
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JPMorgan beat earnings expectations amid record market revenue, but a downbeat outlook for net interest income hurt the stock.
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The S&P 500 declined the most since January on Thursday as oil prices jumped amid uncertainty around
It was an ugly day all around in markets as the Iran war has sent oil prices and bond yields surging higher.
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Brent crude oil, the global benchmark stands at about $107 per barrel at the time of writing.
U.S.-traded crude was at around $93 a barrel on Thursday.
Markets are not fully reflecting the shock to oil prices resulting from the Iran conflict, Unlimited Funds' Bob Elliott warns.
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