US markets hit hard: 12% hike in oil prices collapses Wall Street indices
The Dow Jones Industrial Average fell 0.95% to 47,501.55 points, posting its steepest weekly percentage drop since early April 2025. Meanwhile, the S&P 500 lost 1.33% to 6,740.00 points and had its worst week since mid-October
The Dow Jones Industrial Average fell 0.95% to 47,501.55 points, posting its steepest weekly percentage drop since early April 2025. Meanwhile, the S&P 500 lost 1.33% to 6,740.00 points and had its worst week since mid-October
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