S&P 500 Slides as Oil Jumps 3% on Tanker Attack — SkimNews
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- S&P 500 slid as traders monitored rising Treasury yields, edging further from its recent record in a move CNBC framed as the lead equity story of the session.
- Oil prices jumped roughly 3% following a fresh tanker attack, and the WSJ pinned that catalyst to a broader wave of selling in both stocks and bonds, dragging the Nasdaq lower alongside the broader market.
Why it matters: A 3% oil spike triggered by a tanker attack was enough to knock the S&P 500 back from its record and pull the Nasdaq into the red, while spilling into bond markets — an abrupt reversal of the prior session's calm that links geopolitics directly to cross-asset selling pressure.
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