Oil Price Spike Sends U.S. Stocks Plummeting
On September 9, U.S. stocks took a hit as oil prices surged past $96 per barrel.
The Dow Jones Industrial Average plummeted by 405 points, representing a decline of 0.77% to finish at 52,380.
The tech-heavy Nasdaq Composite dropped 168 points, or 0.64%, to end the day at 26,253.
Meanwhile, the S&P 500 index slipped approximately 37 points, or 0.48%, closing at 7,636.