---
title: "Hot inflation and oil surge split Wall Street performance"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286321910.md"
description: "Wall Street experienced mixed performance as the Dow rose 0.1%, while the S&P 500 and Nasdaq fell. This fluctuation was influenced by inflation data and geopolitical risks. Oil prices surged, with WTI crude increasing by 4.2% to $102.18 per barrel due to the closure of the Strait of Hormuz, raising inflation concerns. Additionally, the core CPI increased by 2.8% year over year, leading to speculation that the Federal Reserve may maintain higher interest rates for an extended period."
datetime: "2026-05-13T21:45:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286321910.md)
  - [en](https://longbridge.com/en/news/286321910.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286321910.md)
generator: "portal-rs"
---

# Hot inflation and oil surge split Wall Street performance

Markets end mixed: The Dow gained 0.1%, while the S&P 500 and Nasdaq declined, as investors weighed inflation data and geopolitical risks. Oil prices climb: WTI crude rose 4.2% to $102.18 a barrel amid ongoing closure of the Strait of Hormuz, fueling inflation concerns. Fed rate outlook: Core CPI rose 2.8% year over year, prompting speculation the Fed may keep rates higher for longer.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**