U.S. stocks edged lower as investors navigated a mix of rising oil prices, corporate earnings signals, and shifting expectations around Federal Reserve policy. The Dow, S&P 500, and Nasdaq all turned down after early gains, reflecting a market grappling with geopolitical tensions and inflation concerns. Indexes Pull Back All three major indexes slipped roughly between 0.3% and 0.6%, giving back some of the previous session’s momentum. The downturn followed renewed volatility in energy markets and cautious sentiment around consumer spending. Oil Prices Add Fresh Pressure Crude prices extended their sharp rally, driven by heightened worries over a potential U.S.–Iran conflict. Brent crude climbed above $71 per barrel, while West Texas Intermediate hovered near $66 — its biggest daily jump since October. Rising energy costs revived inflation concerns and weighed on equities. Walmart Earnings in Focus Walmart posted stronger‑than‑expected results, but its cautious pro...
Market Rebound Amid Weekly Losses
U.S. stock futures showed signs of recovery on Friday after a challenging week marked by steep losses. Futures tied to the S&P 500 rose by approximately 0.9%, while the tech-heavy Nasdaq 100 saw a 1.1% increase. The Dow Jones Industrial Average futures also climbed by 0.6%.
This rebound comes after the S&P 500 entered correction territory, joining the Nasdaq Composite in a sharp downturn. The week has been turbulent, with markets reacting to uncertainties surrounding trade policies and economic data. However, optimism grew as political developments suggested a reduced risk of a government shutdown.
Despite the day's positive momentum, all three major indexes are on track for significant weekly losses, reflecting the broader challenges faced by the market. Investors remain cautious as they await further economic indicators and policy updates.
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