Stock Market Update
23-Apr-25 12:30 ET
Crude oil futures dip
Dow +509.95
at 39696.93,
Nasdaq +430.92
at 16731.33,
S&P +92.26
at 5380.04
[BRIEFING.COM] The S&P 500 trades about 100 points higher after dipping from its session high.
Earlier, the weekly EIA Crude Oil Inventories showed a build of 244,000 barrels. WTI crude oil futures were already lower in front of the release, down 1.7% to $62.51/bbl.
This price action has impacted the S&P 500 energy sector, which trades 0.3% lower. It's among the worst performing sectors along with consumer staples (-1.0%).
