Stock Market Update
08-Oct-26 12:30 ET
Oil moving lower on President Trump commentary
Dow -103.27
at 51076.81,
Nasdaq -137.55
at 27422.08,
S&P -19.39
at 7782.45
[BRIEFING.COM] The S&P 500 (-0.2%), Nasdaq Composite (-0.5%), and DJIA (-0.2%) are off their worst levels of the session as crude oil prices retreat from earlier highs.
President Trump said via Truth Social that the U.S. is having productive discussions with the Islamic Republic of Iran, and that we will not be attacking Iran at any time prior to the midterm elections on November 3. Crude oil is now up $2.79 (+3.2%) to $91.08 per barrel, and the 10-year note yield is unchanged at 5.27%.
