Stock Market Today: Energy Dampens Dow, FAANGs Elevate Nasdaq
by Kyle Woodley
Jul 05, 2022
2 minutes
The first session of the holiday-shortened week was a wild one, as a deep Tuesday morning dip evolved into a severely split market featuring pockets of red and green alike.
On one side, you had big dips in economically sensitive sectors. (-4.0%) fared the worst thanks to a drastic decline in U.S. crude oil futures, which plunged 8.2% to $99.50 – the commodity's lowest finish in more than two months.
You’re reading a preview, subscribe to read more.
Start your free 30 days