Wall Street declines as crude prices advance on intensifying Middle East war
Published on 19/03/2026 07:25 PM
Major US equity benchmarks declined on Thursday as crude prices advanced on intensifying Middle East conflict.
The surging energy costs have revived inflation worries that have prompted the US Federal Reserve to take a cautious stance on interest rate cuts.
At the opening bell, the Dow Jones Industrial Average fell 90.3 points, or 0.20%, to 46,134.87. The S&P 500 fell 41.6 points, or 0.63%, to 6,583.12, while the Nasdaq Composite dropped 281.4 points, or 1.27%, to 21,871.037.
The small-caps Russell 2000 index tumbled 10% from its all-time intraday high.With a distinguished career spanning nearly two decades at the highest levels of financial journalism, Rajendra Kumar Saxena stands as a cornerstone o...
Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
Download the Mint app and read premium stories