Sweden Herald - Latest Sweden News | Red on Wall Street, oil prices rise by Sweden Herald
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Major Wall Street indexes slipped on Thursday, with the Dow Jones and S&P 500 each declining 0.4% and the Nasdaq falling 0.9% after the previous day’s record highs, while oil prices surged about 3.8%—North Sea crude passing $105 a barrel and U.S. WTI just over $96. Microsoft’s shares dropped 4% following a buyout offer that qualifies roughly 7% (8,750) of its U.S. staff for voluntary early retirement, and Meta’s stock fell 2.3% as the company announced a 10% workforce reduction.
Read more: https://swedenherald.com/article/red-on-wall-street-oil-prices-rise
#WallStreet #DowJones #NasdaqComposite #Microsoft #WTIcrude
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