Dow Jones slips, S&P 500 and Nasdaq edge higher amid oil surge and Iran war tensions – why US stock market today was volatile ahead of Good Friday closure

Dow Jones slips, S&P 500 and Nasdaq edge higher amid oil surge and Iran war tensions – why US stock market today was volatile ahead of Good Friday closure


: Wall Street ended Thursday on an uneasy note, with markets swinging sharply before settling into a mixed close as investors tried to make sense of rising geopolitical tensions and shifting signals from the Middle East.The Dow Jones Industrial Average slipped 61.07 points to close at 46,504.67, while the S&P 500 edged up 0.11% to 6,582.69, as per a report. The surge added to concerns about inflation, with expectations that higher energy costs could continue to weigh on the economy.The volatility was also reflected in Wall Street’s fear gauge, the CBOE Volatility Index, which spiked during the session before easing later.Despite the choppy trading, the broader picture for the week was more positive. Utilities and real estate stocks moved higher, while consumer discretionary shares lagged, weighed down in part by a sharp drop in Tesla shares after its first-quarter delivery figures, as per a Reuters report.With markets closed for the Good Friday holiday, attention now turns to the upcoming jobs report, even as geopolitical developments and energy prices continue to shape the outlook.Due to geopolitical tensions and rising oil prices linked to the Middle East situation.The Dow fell slightly, while the S&P 500 and Nasdaq posted small gains.

Author: Shreya Biswas


Published at: 2026-04-02 22:18:58

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