US Stocks Slip Amid Rising Crude Oil Futures and Interest Rates

The US stock market had a mixed week, with the Dow Jones Industrial Average and Nasdaq Composite Index experiencing losses due to rising crude oil futures and interest rates.

The Dow Jones closed at $52,573.29, down $840.96 from the previous Friday, while the Nasdaq Composite Index fell by 173.95 points.

The market is now looking ahead to next week's trends in the crude oil market and the US Federal Open Market Committee (FOMC) meeting, which may be influenced by supply chain concerns following attacks on pipelines in Saudi Arabia.

Long-term interest rates also rose last weekend, with the 10-year Treasury yield reaching 4.97%, up 0.01 percentage points from the previous day.