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HomeMarket NewsDow Jones Today | US Stock Market LIVE Updates: Oil set for steepest weekly gain since 2020 as Middle East conflict spreads
Dow Jones Today | US Stock Market LIVE Updates: The yield on 10-year Treasuries climbed three basis points to 4.16%, on course for its biggest weekly gain since April. S&P 500 futures fell 0.3%. The dollar and gold held steady. Brent crude rose more than 2% to top $87 a barrel. Qatar’s energy minister told the Financial Times the conflict may force Gulf energy exporters to shut down production within weeks, a move that could drive oil toward $150 a barrel.
Dow Jones Today | US Stock Market LIVE Updates: US stock futures declined on Friday (March 6) as the sell-off in equities deepened this week, with rising oil prices and the ongoing conflict involving Iran weighing on investor sentiment. Traders are also awaiting the latest U.S. employment data for further cues on the economy and interest-rate outlook. Futures linked to the Dow Jones Industrial Average fell about 130 points, or 0.3%, reversing earlier gains. S&P 500 futures slipped 0.4%, while Nasdaq 100 futures dropped 0.5%.
The yield on 10-year Treasuries climbed three basis points to 4.16%, on course for its biggest weekly gain since April. S&P 500 futures fell 0.3%. The dollar and gold held steady. Brent crude rose more than 2% to top $87 a barrel. Qatar’s energy minister told the Financial Times the conflict may force Gulf energy exporters to shut down production within weeks, a move that could drive oil toward $150 a barrel. US gasoline pump prices advanced to the highest level since September 2024.
February’s payrolls data will cap a week of sharp swings in which investors repeatedly recalibrated their outlook on the impact of the US-Israeli war against Iran. Fears that a near-complete halt in traffic through the Strait of Hormuz could trigger a new inflation spike have led investors to scale back bets on Federal Reserve interest-rate cuts.
