{"id":1696,"date":"2026-03-05T23:30:46","date_gmt":"2026-03-05T23:30:46","guid":{"rendered":"https:\/\/newstoday365.today\/?p=1696"},"modified":"2026-03-05T23:30:46","modified_gmt":"2026-03-05T23:30:46","slug":"stocks-drop-as-oil-prices-surge","status":"publish","type":"post","link":"https:\/\/newstoday365.today\/?p=1696","title":{"rendered":"Stocks Drop as Oil Prices Surge"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"720\" height=\"480\" src=\"https:\/\/newstoday365.today\/wp-content\/uploads\/2026\/03\/AP26064557503050_cleanup.png\" alt=\"\" class=\"wp-image-1697\" srcset=\"https:\/\/newstoday365.today\/wp-content\/uploads\/2026\/03\/AP26064557503050_cleanup.png 720w, https:\/\/newstoday365.today\/wp-content\/uploads\/2026\/03\/AP26064557503050_cleanup-300x200.png 300w\" sizes=\"(max-width: 720px) 100vw, 720px\" \/><\/figure>\n\n\n\n<p><strong>U.S. Stocks Fall as Oil Prices Surge Amid Iran War Escalation<\/strong><\/p>\n\n\n\n<p>U.S. stock markets dropped Thursday as rising oil prices fueled concerns about the global economy. The <strong>S&amp;P 500 fell 0.7%<\/strong>, while the <strong>Dow Jones Industrial Average lost more than 700 points<\/strong>, and the <strong>Nasdaq slipped 0.3%<\/strong> during midday trading.<\/p>\n\n\n\n<p>Oil prices surged after <strong>Iran launched new attacks targeting Israel, U.S. bases, and other locations across the region<\/strong>, increasing fears of long-term disruptions to global energy supplies. Brent crude climbed to <strong>$84.52 per barrel<\/strong>, while U.S. crude rose to <strong>$79.07<\/strong>, marking a sharp jump from last week.<\/p>\n\n\n\n<p>Higher energy costs are already affecting consumers. The average gasoline price in the U.S. rose to <strong>$3.25 per gallon<\/strong>, up about <strong>9% in just one week<\/strong>, raising concerns that households may cut spending.<\/p>\n\n\n\n<p>Retail and airline stocks were among the hardest hit as higher fuel prices increase operating costs and reduce consumer spending. Shares of <strong>American Eagle Outfitters dropped 11.8%<\/strong>, while major airlines including <strong>American Airlines, United Airlines, and Delta Air Lines<\/strong> also saw significant losses.<\/p>\n\n\n\n<p>Despite the market volatility, some analysts believe the impact may be temporary if tensions in the Middle East begin to ease. However, experts warn that if oil prices climb toward <strong>$100 per barrel<\/strong>, the pressure on the global economy could intensify.<\/p>\n\n\n\n<p>Meanwhile, chipmaker <strong>Broadcom<\/strong> bucked the trend, with its stock rising <strong>5.5%<\/strong> after strong earnings driven by a surge in demand for <strong>AI chips<\/strong>.<\/p>\n\n\n\n<p>Investors are also watching the Federal Reserve closely. Rising oil prices could keep inflation high and delay potential <strong>interest rate cuts later this year<\/strong>.<\/p>\n\n\n\n<p>Markets remain volatile as investors monitor developments in the Middle East and the future of global energy supplies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. Stocks Fall as Oil Prices Surge Amid Iran War Escalation U.S. stock markets dropped Thursday as rising oil prices fueled concerns about the global economy. The&#8230; <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1696","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/newstoday365.today\/index.php?rest_route=\/wp\/v2\/posts\/1696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newstoday365.today\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newstoday365.today\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newstoday365.today\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newstoday365.today\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1696"}],"version-history":[{"count":1,"href":"https:\/\/newstoday365.today\/index.php?rest_route=\/wp\/v2\/posts\/1696\/revisions"}],"predecessor-version":[{"id":1698,"href":"https:\/\/newstoday365.today\/index.php?rest_route=\/wp\/v2\/posts\/1696\/revisions\/1698"}],"wp:attachment":[{"href":"https:\/\/newstoday365.today\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newstoday365.today\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newstoday365.today\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}