US stocks stay under pressure
Mumbai, Oct. 26 -- The US major stock indexes finished mostly lower on Friday due to a continued technology selloff that rattled the markets and the rise in oil prices from the ongoing U.S.-Iran war. The benchmark S&P 500 closed -0.5%, while the tech-heavy Nasdaq Composite shed -0.2%, and the blue-chip Dow ended down -1.2% For the week, S&P 500 eased -0.5%, the Nasdaq Composite lost 0.7%, and the Dow gained 0.4%. WTI crude oil hit multi month high above $100 per barrel on volatile situation in the Middle East after Houthi rebels attacked Saudi's energy infrastructure.
Published by HT Digital Content Services with permission from Capital Market....
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