US stocks end lower as oil reaches $100/bbl; investors assess tech results
Complete. Here is the key summaryUS stock indices declined on Thursday, with the S&P 500 down 1.2% and Nasdaq Composite falling 2.2%. The drop was driven by Middle East tensions pushing oil prices above $100 per barrel, alongside investor assessment of quarterly earnings from tech giants Tesla and Alphabet.
Wall Street's major averages slid on Thursday as tensions in the Middle East lifted oil prices to above $100 per barrel, while investors digested the latest quarterly results from giants such as Tesla (TSLA) and Alphabet (GOOGL), (GOOG). The benchmark S&P 500 (SP500) was last -1.2%, while the heavy-tech Nasdaq Composite (COMP:IND) was -2.2%, and th...