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Financial markets

Michael Gagliano works on the floor at the New York Stock Exchange in New York, Friday, March 6, 2026. (AP Photo/Seth Wenig)

Oil surges to its highest price since 2023, and stocks drop after a weak update on the US job market

Oil shot to its highest price since 2023 after surging again because of the Iran war, and a weak update on the U.S. job market knocked stocks lower to cap Wall Street’s worst week since October.

Yesterday

Anthony Matesic works on the floor at the New York Stock Exchange in New York, Thursday, March 5, 2026. (AP Photo/Seth Wenig)

Stocks drop after oil spikes to its highest price since the summer of 2024

March 5

Financial information is displayed on the floor at the New York Stock Exchange in New York, Wednesday, March 4, 2026. (AP Photo/Seth Wenig)

US stocks rebound after strong economic updates and as oil prices stop spiking

March 4

Meric Greenbaum works on the floor at the New York Stock Exchange in New York, Tuesday, March 3, 2026. (AP Photo/Seth Wenig)

Dow drops 400 after trimming an early plunge of 1,200 as oil prices climb even higher

March 3

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James Denaro, center, and others work on the floor at the New York Stock Exchange in New York, Monday, March 2, 2026. (AP Photo/Seth Wenig)

Oil prices soar and defense stocks gain as US-Israel war with Iran rattles markets

March 2

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Oil surges to its highest price since 2023, and stocks drop after data shows a weaker US job market

The combination of a weak economy and high inflation is a worst-case scenario for investors because the Federal Reserve has no good tool to fix both problems at the same time.

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Governor Abbott and prominent Texas CEOs attend ceremony launching debut of NASDAQ Texas

US stocks sink after oil spikes to its highest price since the summer of 2024

Wall Street holds steadier as oil prices stop spiking, for now at least

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Hong Kong investors remain cautious amid escalation in the Middle East

March 4

Dow drops 400 after trimming an earlier plunge of 1,200 as oil prices leap even higher

March 3

US markets drop sharply on fears of widening war

March 3

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Oil prices leap on worries about Iran war, while US stocks erase sharp losses

March 2

People walk in front of an electronic stock board showing Japan's Nikkei index at a securities firm Monday, March 1, 2026, in Tokyo.(Yohei Fukai/Kyodo News via AP)

Hong Kong and Japan markets react to attack on Iran

March 2

Trader John Romolo works on the floor of the New York Stock Exchange, Friday, Feb. 20, 2026. (AP Photo/Richard Drew)

US stocks sink and oil prices rise as worries about AI, inflation and possible war hit Wall Street

February 27

Options traders Chris Dattolo, left, and Steven Rodriguez work on the floor of the New York Stock Exchange, Friday, Feb. 20, 2026. (AP Photo/Richard Drew)

The worst day for Nvidia’s stock since last spring drags Wall Street lower

February 26

A pedestrian walks outside the New York Stock Exchange during a snow storm, Monday, Feb. 23, 2026, in New York. (AP Photo/Seth Wenig)

Nvidia and other tech stocks lead Wall Street higher

February 25

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Snow falls outside the New York Stock Exchange, Monday, Feb. 23, 2026, in New York. (AP Photo/Seth Wenig)

US stocks rise after getting a reminder of AI’s potential upsides

February 24

A screen on the floor of the New York Stock Exchange displays an intraday number for the QQQ, tracking the Nasdaq-100, Friday, Feb. 13, 2026. (AP Photo/Richard Drew)

Small investors’ impact on Wall Street grows even in volatile market

February 23

Trader Timothy Nick, left, and Robert Charmak work on the floor of the New York Stock Exchange, Friday, Feb. 20, 2026. (AP Photo/Richard Drew)

US stocks drop after Trump ramps up his tariffs and investors dump potential AI losers

February 23

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Specialist Thomas McArdle works at his post on the floor of the New York Stock Exchange, Friday, Feb. 20, 2026. (AP Photo/Richard Drew)

Wall Street keeps calm after the Supreme Court strikes down Trump’s tariffs

February 20

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Traders Joseph Lawler, left, and Niall Pawa, center, and Drew Cohen work on the floor of the New York Stock Exchange, Thursday, Feb. 19, 2026. (AP Photo/Richard Drew)

US stocks slip as AI fears keep rumbling and oil prices climb

February 19

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Trader William Lawrence works on the floor of the New York Stock Exchange, Friday, Feb. 13, 2026, in New York. (AP Photo/Richard Drew)

Nvidia leads the US stock market higher

February 18

Options trader Anthony Spina works on the floor of the New York Stock Exchange, Friday, Feb. 13, 2026, in New York. (AP Photo/Richard Drew)

US stocks edge higher after swinging through worries about AI and the economy

February 17

Trader Fred Demarco, right, works on the floor of the New York Stock Exchange, Friday, Feb. 13, 2026, in New York. (AP Photo/Richard Drew)

World shares mostly advance and Japan falls ahead of Lunar New Year holidays

February 16

Trader Fred Demarco, right, works on the floor of the New York Stock Exchange, Friday, Feb. 13, 2026, in New York. (AP Photo/Richard Drew)

Wall Street steadies after its AI-induced sell-off

February 13

James Conti works on the floor at the New York Stock Exchange in New York, Thursday, Feb. 12, 2026. (AP Photo/Seth Wenig)

US stocks drop sharply as investors hunt for losers that will be hurt by AI

February 12

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Trader Robert Charmak, left, and Specialist Genarro Saporito work on the floor of the New York Stock Exchange, Wednesday, Feb. 11, 2026. (AP Photo/Richard Drew)

US stocks wobble after feeling both the upside and downside of a strong jobs report

February 11

Specialist James Denaro works at his post on the floor of the New York Stock Exchange, Tuesday, Feb. 10, 2026. (AP Photo/Richard Drew)

US stocks drift to a mixed finish as yields fall after a discouraging report on US shoppers

February 10

Tokyo benchmark Nikkei 225 jumps after Takaichi’s ruling party wins a super majority in election

February 9

Specialist Anthony Matesic works at his post on the floor of the New York Stock Exchange, Friday, Feb. 6, 2026. (AP Photo/Richard Drew)

US stocks drift higher as gold, silver and bitcoin stabilize

February 9

Trader Joel Lucchese, right, and colleagues wear "DOW 50,000" caps on the floor of the New York Stock Exchange as the Dow Jones industrial average intra-day number topped the 50,000 level for the first time, Friday, Feb. 6, 2026. (AP Photo/Richard Drew)

US stocks soar to their best day since May as the Dow tops 50,000 and bitcoin stops plunging

February 6

15

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Trader Robert FInnerty Jr. works on the floor of the New York Stock Exchange, Thursday, Feb. 5, 2026. (AP Photo/Richard Drew)

Falling tech stocks and a plunge for bitcoin hit Wall Street

February 5

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Traders Sean Spain, left, and Chris Lagana work on the floor of the New York Stock Exchange, Tuesday, Feb. 3, 2026. (AP Photo/Richard Drew)

More drops for technology stocks weigh on Wall Street

February 4

Specialist Joseph Maguire works at his post on the floor of the New York Stock Exchange, Tuesday, Feb. 3, 2026. (AP Photo/Richard Drew)

Tech stocks pull Wall Street lower as gold and silver prices bounce back

February 3

Trader Robert Charmak works on the floor of the New York Stock Exchange, Monday, Feb. 2, 2026. (AP Photo/Richard Drew)

US stocks climb as gold and silver prices keep falling

February 2

India’s budget boosts infrastructure spending while vowing fiscal discipline

February 1

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Anthony Spina, left, works with fellow options traders on the floor of the New York Stock Exchange, Wednesday, Jan. 28, 2026. (AP Photo/Richard Drew)

US stocks fall while a break in gold fever sends metals prices plunging

January 30

Trader William Lawrence works on the floor of the New York Stock Exchange, Monday, Jan. 26, 2026. (AP Photo/Richard Drew)

After a day of sharp swings, Wall Street ends nearly where it began

January 29

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