Stock Market Update
23-Oct-26 15:00 ET
Crude oil settles higher
Dow -582.49
at 52285.70,
Nasdaq -25.44
at 26003.86,
S&P -32.94
at 7630.56
[BRIEFING.COM] The major averages remain lower across the board heading into the final hour of trading, with rising oil prices continuing to weigh on market sentiment.
WTI crude futures settled today's session $3.72 higher (+3.7%) at $103.17 per barrel, bringing their gain for the week to approximately $3.90, with the bulk of that advance occurring today amid heightened geopolitical tensions.
The energy sector (+2.5%) continues to outperform and is on pace to finish the week with a 1.5% gain, the strongest week-to-date performance among the 11 S&P 500 sectors.
