New york: Major U.S. stock indexes fell on Tuesday as West Texas Intermediate crude oil surged over $3 to $91.67 per barrel. The Dow Jones Industrial Average dropped 84 points to 46,124, while the tech-heavy Nasdaq fell 184 points to 21,761. The S and P 500 index declined about 24 points to 6,556.
According to Jordan News Agency, the fluctuations in the stock market coincided with a significant increase in oil prices, which have been influenced by various geopolitical factors and supply chain disruptions. The surge in crude oil prices is seen as a potential catalyst for further market volatility as investors react to evolving global economic conditions.