Commodities
Stock Market Declines Amid Rising Crude Oil Futures and Interest Rates
The US stock market saw a decline in its performance last week, weighed down by rising crude oil futures and interest rates.
The Dow Jones Industrial Average closed at $52,573.29, down $840.96 from the previous Friday, while the Nasdaq Composite Index fell to 26,333.04, down 173.95 points.
Attention will focus on trends in the crude oil market and the US Federal Open Market Committee (FOMC) meeting next week, amid growing concerns over supply chains for Middle Eastern crude oil following attacks on pipelines in Saudi Arabia.