{"id":1566,"date":"2022-03-24T08:04:07","date_gmt":"2022-03-24T08:04:07","guid":{"rendered":"https:\/\/linksus.net\/stock-market-news-today-us-stocks-down-as-oil-prices-rise-markets-insider\/"},"modified":"2022-03-24T08:04:07","modified_gmt":"2022-03-24T08:04:07","slug":"stock-market-news-today-us-stocks-down-as-oil-prices-rise-markets-insider","status":"publish","type":"post","link":"https:\/\/linksus2.linksus.net\/index.php\/2022\/03\/24\/stock-market-news-today-us-stocks-down-as-oil-prices-rise-markets-insider\/","title":{"rendered":"Stock market news today: US stocks down as oil prices rise – Markets Insider"},"content":{"rendered":"

US stocks dropped Wednesday, with a renewed rise in the price of oil causing investors to weigh inflation concerns as the conflict in Ukraine wears on. 
The yield on the 10-year Treasury note surged this week following Powell’s latest comments about potentially more aggressive rate hikes. The benchmark bond yield jumped to as high as 2.4% on Wednesday before dipping back down to 2.35% closer to the opening bell. 
President Joe Biden is set to meet with European leaders in Brussels and Warsaw on Thursday to strategize on further sanctions on Russia and ways to prevent escalation of the war in Ukraine. 
In the UK, inflation hit a 30-year high<\/a>, while the MSCI<\/a> All-World index is heading for a 1% gain this week. 
Here’s where US indexes stood as the market opened at 9:30 a.m. on Wednesday: <\/strong>
Billionaire investor Carl Icahn is forecasting a recession<\/a> <\/span> <\/span> ahead, and he said he predicts a rough landing for the Fed. <\/a>
Activist investor Ryan Cohen bought up 100,000 GameStop shares through his investment firm, RC Ventures, causing the Reddit-favorite to soar 20%.
Meanwhile, Russia’s Cold War-era currency deal with India<\/a> to avoid dollar-based trade could return as soon as next week. 
Oil rose, with West Texas Intermediate<\/a> up 3.2854% to $112.87 a barrel. Brent crude<\/a>, the international benchmark, rose 3.38% to $119.42 a barrel. 
Gold<\/a> slipped to 1,940.50 per ounce. 
Bitcoin<\/a> inched lower by 0.88% to $42,190.47.
Keep reading <\/p>\n

source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

US stocks dropped Wednesday, with a renewed rise in the price of oil causing investors to weigh inflation concerns as the conflict in Ukraine wears on. The yield on the 10-year Treasury note surged this week following Powell’s latest comments about potentially more aggressive rate hikes. The benchmark bond yield jumped to as high as 2.4% […]<\/p>\n","protected":false},"author":869,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/linksus2.linksus.net\/index.php\/wp-json\/wp\/v2\/posts\/1566"}],"collection":[{"href":"https:\/\/linksus2.linksus.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/linksus2.linksus.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/linksus2.linksus.net\/index.php\/wp-json\/wp\/v2\/users\/869"}],"replies":[{"embeddable":true,"href":"https:\/\/linksus2.linksus.net\/index.php\/wp-json\/wp\/v2\/comments?post=1566"}],"version-history":[{"count":0,"href":"https:\/\/linksus2.linksus.net\/index.php\/wp-json\/wp\/v2\/posts\/1566\/revisions"}],"wp:attachment":[{"href":"https:\/\/linksus2.linksus.net\/index.php\/wp-json\/wp\/v2\/media?parent=1566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/linksus2.linksus.net\/index.php\/wp-json\/wp\/v2\/categories?post=1566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/linksus2.linksus.net\/index.php\/wp-json\/wp\/v2\/tags?post=1566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}