Stocks Open Lower After Oil Hits $130 a Barrel – The Wall Street Journal

U.S. stocks fell as the threat of a potential ban on Russian oil imports spurred a surge in energy prices that investors worry could weigh on economic growth.

The S&P 500 dropped 1.4%, while the Dow Jones Industrial Average declined 1.2%, or about 406 points. The tech-heavy Nasdaq Composite lost 1.7%.

Leave a comment

Your email address will not be published. Required fields are marked *