--- title: "Rising Crude Pressures Dow as Russell 2000 Hits Fresh Record" type: "News" locale: "en" url: "https://longbridge.com/en/news/285095210.md" description: "The Dow Jones and S&P 500 are declining as rising crude prices boost the Russell 2000 to a record high. WTI crude is up 1.8%, while geopolitical tensions from Iran are causing investor unease. Las Vegas Sands Corp. stock is down 3.7% due to senior notes news, while Oracle Corp. is up 6.5% following a positive revenue outlook. FedEx Corp. is down 7.4% after Amazon expanded its supply chain services, impacting the shipping sector." datetime: "2026-05-04T15:57:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285095210.md) - [en](https://longbridge.com/en/news/285095210.md) - [zh-HK](https://longbridge.com/zh-HK/news/285095210.md) --- # Rising Crude Pressures Dow as Russell 2000 Hits Fresh Record The Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) are **continuing lower** into the afternoon, while the Nasdaq Composite (IXIC) sports a modest gain on the back of rising oil and U.S-Iran updates. West Texas Intermediate (WTI) crude is trading up 1.8%, helping lift the Russell 2000 Index (RUT) to a fresh record high. Meanwhile, comments from Iran saying it blocked an American warship from entering the Strait of Hormuz, along with conflicting reports about a missile dispatch, are keeping investors on edge. - Crypto stock **surging on Bitcoin rally**. - Downgrade **drags popular AI stock**. - Plus, casino stock options pop; some of the best and worst NYSE names today. Casino name **Las Vegas Sands Corp. (NYSE:LVS)** stock is down 3.7% this afternoon to trade at $51.79. The stock is under pressure after news that **the company** offered two parts of senior notes, though the total amount remains undisclosed. LVS has shed 20% since the start of 2026. Options traders look to be moving in at a rapid pace, with 35,000 calls traded so far, 18 times the average intraday amount. Most popular is the June 50 call and September 60 call, with positions being opened at the latter. **Oracle Corp (NYSE:ORCL)** stock is one of the top stocks on the New York Stock Exchange (NYSE) today, up 6.5% to trade at $183.01. The AI specialist is higher with the software sector as investors continue to cheer last week's full-year revenue outlook hike from Atlassian (TEAM). ORCL's **late-April pullback** found support at its 80-day moving average near the $160 floor. Over the past 12 months, Oracle stock has added 20%. Shipping name **FedEx Corp (NYSE:FDX)** is one of the worst performers on the NYSE this afternoon, last seen down 7.4% at $364.40, after Amazon.com (AMZN) announced it has opened its supply chain services to all businesses. The entire shipping sector has faltered in response, with FDX headed for its worst day since April 3, 2025. Regardless, FDX remains up 25% year-to-date. ### Related Stocks - [IXC.US](https://longbridge.com/en/quote/IXC.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [XLE.US](https://longbridge.com/en/quote/XLE.US.md) - [VTWV.US](https://longbridge.com/en/quote/VTWV.US.md) - [OIH.US](https://longbridge.com/en/quote/OIH.US.md) - [XES.US](https://longbridge.com/en/quote/XES.US.md) - [RSSL.US](https://longbridge.com/en/quote/RSSL.US.md) - [TNA.US](https://longbridge.com/en/quote/TNA.US.md) - [XOP.US](https://longbridge.com/en/quote/XOP.US.md) - [VTWG.US](https://longbridge.com/en/quote/VTWG.US.md) - [IWM.US](https://longbridge.com/en/quote/IWM.US.md) - [SMDV.US](https://longbridge.com/en/quote/SMDV.US.md) - [PXJ.US](https://longbridge.com/en/quote/PXJ.US.md) - [CRAK.US](https://longbridge.com/en/quote/CRAK.US.md) - [ITWO.US](https://longbridge.com/en/quote/ITWO.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [LVS.US](https://longbridge.com/en/quote/LVS.US.md) - [ORCL.US](https://longbridge.com/en/quote/ORCL.US.md) - [TEAM.US](https://longbridge.com/en/quote/TEAM.US.md) - [FDX.US](https://longbridge.com/en/quote/FDX.US.md) - [AMZN.US](https://longbridge.com/en/quote/AMZN.US.md) - [ORCL-D.US](https://longbridge.com/en/quote/ORCL-D.US.md) ## Related News & Research - [US Cash Crude-Offshore grades rise while inland crudes slip](https://longbridge.com/en/news/286473220.md) - [ROI-ENERGY WATCH: Alarms and clocks](https://longbridge.com/en/news/286796437.md) - [VEGOILS-Palm gains on firmer crude; on track for third weekly fall](https://longbridge.com/en/news/286511850.md) - [US energy firms pull record amounts of crude from SPR last week, EIA says](https://longbridge.com/en/news/286284024.md) - [Asia Fuel Oil-Markets pare strength amid tepid demand expectations](https://longbridge.com/en/news/287051717.md)