Finance2 sources
S&P 500, Nasdaq Close Lower Amid Rising Crude Prices
The S&P 500 and Nasdaq indices closed lower, influenced by rising crude prices and the performance of chip stocks.
Economic Context
US stocks (S&P 500)
7,659
Oct 16, 2026
-1.1% since Oct 15, 2026
Higher than 98% of readings in the last 10 years
Oil price (WTI)
$101.91/bbl
Oct 14, 2026
+$1.05/bbl since Oct 13, 2026
Higher than 96% of readings in the last 10 years
Matched from words in this story. Context, not cause.