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Dow closes 600 points lower in back-to-back losses as oil prices gain - CNBC — SkimNews

By Google News Business · Summarized & edited by · 2026-09-08
Dow closes 600 points lower in back-to-back losses as oil prices gain - CNBC

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Why it matters: A second consecutive 600-plus point Dow decline landing on the same day Brent crude crossed $99 puts energy-cost pressure squarely back on the equity narrative. Investors now face a re-test of the $100 oil psychological barrier, which historically tightens margins for energy-sensitive sectors and squeezes consumer wallets at the pump.

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