S&P 500 and Dow End Lower as Oil Prices Stoke Inflation Fears
The S&P 500 and Dow Jones ended Friday lower as oil prices spiked amid resurfacing geopolitical concerns, raising inflation and rate-hike worries ahead of next week’s Federal Reserve meeting.
The S&P 500 and Dow Jones index ended lower on Friday as oil prices spiked amid resurfacing geopolitical concerns, which in turn raised inflation and rate hike worries ahead of the Federal Reserve’s October rate-setting meeting due next week.The S&P 500 ended Friday 0.5% lower, the Nasdaq 100 was f…