[Breaking] Surge in Oil Prices Fuels Inflation Concerns... All Three Major New York Indices Close Lower
![[Breaking] Surge in Oil Prices Fuels Inflation Concerns... All Three Major New York Indices Close Lower](http://www.asiae.co.kr/news/img_view.htm?img=2025112108183126325_1763680712.png)
On March 3 (local time), all three major indexes on the New York Stock Exchange closed lower as inflationary pressure mounted due to a sharp rise in international oil prices following airstrikes on Iran by the United States and Israel.
Hot Picks Today
A 12-Year-Old Girl Went to the Hospital After Her Blood Pressure Hit 225 and Was Stunned: "What Is This Coral Reef-Like Thing in Her Aorta?"
- "Samsung Electronics Employees Commute by Shuttle Bus"... More Than 5,000 Homes to Be Supplied in Seoul and Busan [Real Estate A to Z]
- “3.3 Million Won, Yet It Cracked with a ‘Snap’ When Unfolded”... Humiliation for iPhone Duo Amid Launch-Day Rush, Outclassed by Galaxy Fold?
- “I Thought Surely They Wouldn’t, but Grown Adults Did This”... Wedding Shoot Atop Tomb Sparks Controversy
- "If This Airs, I'm Dead"... Why a Restaurant Refused to Let Jeon Hyunmoo's Show Film
On this day, the Dow Jones Industrial Average ended trading down 403.51 points, or 0.83%, from the previous session. The S&P 500 Index, which is weighted toward large-cap stocks, fell 64.99 points, or 0.94%, while the tech-heavy Nasdaq Index dropped 232.16 points, or 1.02%, compared to the previous session.
This content was produced with the assistance of AI translation services.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.
