Stock market today: S&P 500 clinches longest losing streak since 2022 as oil surges, 'Magnificent 7' stocks shed $300 billion
US stocks fell on Friday, with the Dow Jones Industrial Average (^DJI) entering correction territory, as oil prices surged.
The Nasdaq Composite (^IXIC) dropped 2.1%, sliding deeper into correction territory amid a broad sell-off in technology stocks. Meanwhile, the Dow fel...
The strongest version of this narrative highlights legitimate economic and geopolitical risks driving market volatility: surging oil prices, Federal Reserve policy shifts, and AI-driven disruption in tech sectors. The article credibly ties these factors to tangible market movements, such as the S&P 500's losing streak, the Dow's correction, and the sell-off in "Magnificent Seven" stocks. It also appropriately notes the uncertainty surrounding Trump's Iran deadline extension and its potential to ...