Stock Market Today: Nasdaq Posts Back-To-Back Losses As Oil Surges; Samsara Breaks Out
The Nasdaq Composite posted back-to-back losses as oil prices surged, stoking inflation fears ahead of the Fed meeting next week. The Dow and S&P 500 also dropped. Tech stocks were hit hard, with the Nasdaq Composite posting its worst day since June. Samsara broke out, bucking the trend.
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- ✓ The Nasdaq Composite posted back-to-back losses.
- ✓ Oil prices surged, stoking inflation fears.
- ✓ The Dow and S&P 500 also dropped.
- ✓ The Nasdaq Composite posted its worst day since June.
What changed
The Nasdaq Composite posted its second consecutive loss, with tech stocks continuing to decline.
Live updates
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Nasdaq Posts Back-To-Back Losses As Oil Surges
The Nasdaq Composite posted back-to-back losses as oil prices surged, stoking inflation fears ahead of the Fed meeting next week. The Dow and S&P 500 also dropped. Tech stocks were hit hard, with the Nasdaq Composite posting its worst day since June. Samsara broke out, bucking the trend.
Why it matters
The stock market is volatile, with investors digesting the latest earnings from major tech companies and awaiting the Fed meeting next week. Elevated oil prices are fueling inflation concerns. The tech sector sell-off led to a decline in the Nasdaq Composite.
What is confirmed
- The Nasdaq Composite posted back-to-back losses.
- Oil prices surged, stoking inflation fears.
- The Dow and S&P 500 also dropped.
- The Nasdaq Composite posted its worst day since June.
What to watch next
- The Fed meeting next week
- Earnings reports from major tech companies
- Movement in oil prices
confidence 85%Sources used for this update (16)
- www.investors.com — Stock Market Today | Investor's Business Daily
- www.investing.com — Investing.com - Stock Market Quotes & Financial News
- www.investors.com — Market Trend | Investor's Business Daily
- www.cnn.com — Stock Market Data - US Markets, World Markets, and Stock Quotes
- finance.yahoo.com — Yahoo Finance - Stock Market Live, Quotes, Business & Finance...
- stockanalysis.com — StockAnalysis.com - Free Online Stock Information for Investors
- stockanalysis.com — Free Stock Screener - Search, Filter and Analyze Stocks
- finance.yahoo.com — Stock market today: S&P 500, Nasdaq tanks as tech stocks sink ...
- CNBC — Stock futures are little changed after tech sector sell-off: Live updates
- Bloomberg.com — Asian Stocks to Slide on Tech Rout, Bonds Rally: Markets Wrap
- www.cnbc.com — Stock futures trade mixed after tech sector sell-off: Live updates
- finance.yahoo.com — Stock market today: Dow, S&P 500 drop, Nasdaq rises after ...
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