Stock Market Update
05-Mar-26 15:05 ET
Market moves lower as oil prices top $80 per barrel
Dow -1057.29
at 47681.01,
Nasdaq -242.55
at 22564.95,
S&P -85.16
at 6786.33
[BRIEFING.COM] The S&P 500 (-1.2%), Nasdaq Composite (-1.1%), and DJIA (-2.2%) continue to chart a lower course as the market enters the final hour of the session.
Crude oil futures settled today's session $6.27 higher (+8.4%) at $80.97 per barrel, with the sharp increase weighing on nearly every corner of the market.
CNBC reports that Iranian Foreign Minister Abbas Araghchi said that Iran is not seeking a ceasefire with the U.S., diminishing the market's hopes that the conflict will not drag on for an extended period of time.
