Thursday, August 6, 2026

Futures slip as oil spikes after Dow hit fresh 2026 low

Date:

US Stock Markets Live Updates: US stock futures edged lower after the Dow hit a 2026 low on Wednesday, as rising oil prices and inflation concerns tied to the West Asia conflict kept sentiment cautious.US Stock Markets Live Updates:  US stock futures edged lower on Thursday after a sharp sell-off in the previous session pushed the Dow Jones Industrial Average to a fresh closing low for 2026, as inflation concerns resurfaced on Wall Street.Dow futures were down 55 points, or 0.1%, while S&P 500 and Nasdaq 100 futures slipped 0.1% and 0.2%, respectively, indicating a muted but cautious start to trade. The moves follow a steep decline on Wednesday, when the Dow fell 768 points (1.6%), with the S&P 500 and Nasdaq Composite dropping 1.4% and 1.5%. The Dow also closed below its 200-day moving average, a key technical level watched by investors.Sentiment remains fragile as oil prices surge, with Brent crude rising nearly 7% to around $114.86 per barrel after fresh attacks on energy infrastructure in West Asia. The spike has added to inflation worries and raised concerns about a potential stagflationary backdrop.Follow this live blog for the latest updates on US markets, key stocks and global cues driving Wall Street.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

UPI needs a monetisation model to sustain growth, not boost profits: Pine Labs CEO

Pine Labs CEO Amrish Rau says it's time for...

RBI policy: The expected, the pleasant and the puzzling

Never write off an RBI monetary policy as "routine"....

India eases online exports by letting e-commerce firms sell MSME goods abroad

India has operationalised the Inventory-based Cross-border E-Commerce Export Framework...