Oil drops below $100 as Nasdaq stays near record highs
Nasdaq Composite rose modestly in afternoon trading and was poised for a second straight record high while Brent crude futures ticked lower; the Dow fell and the S&P 500 traded near flat, per WSJ.
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06:27:44 PM UTC
SquawkNews
By Noel Randewich and Johann M CherianThe Nasdaq rose on Tuesday, touching an intraday record high with a boost from Micron Technology and other AI-related stocks, while the S&P 500 hovered near flat and just short of a record high as oil prices traded around $100 per barrel.Chip stocks added to re…
S. The tech-focused Nasdaq Composite Index rose modestly in afternoon trading, poised for a second straight record high. The Dow industrials slipped and the S&P 500 traded near flat. Brent crude futures ticked lower, f…