Oil Prices Jump, Stock Futures Fall as Trading Remains Volatile

US stock futures declined, while oil prices rose sharply, as investors monitored developments surrounding Russia’s invasion of Ukraine and awaited fresh inflation figures.

Futures for the S&P 500 declined 1% Thursday, while contracts for the tech-focused Nasdaq-100 fell 1.4% and futures for the Dow Jones Industrial Average were 0.6% lower. All three indexes broke a four-session losing streak Wednesday, when oil prices declined from recent highs but remained above $ 100 a barrel for the main US and international gauge.

Leave a Reply

Your email address will not be published.