US Stocks Fall as Oil Prices Climb on US-Iran Conflict Fears
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US Stocks Slip Amid Rising Oil Prices, US-Iran Conflict Fears, and Mixed Earnings
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News18•19-02-2026, 20:45
US Stocks Slip Amid Rising Oil Prices, US-Iran Conflict Fears, and Mixed Earnings
•US stock market dipped on Thursday, influenced by mixed profit reports from major companies like Walmart and Booking Holdings.
•Oil prices surged over 1.5%, with benchmark US crude topping $66, due to renewed concerns about a potential US-Iran conflict.
•S&P 500, Dow Jones Industrial Average, and Nasdaq composite all recorded losses, with Booking Holdings and Carvana seeing significant drops despite some beating profit expectations.
•Walmart rose 1.6% after strong fiscal year-end results, while eBay gained 2.8% following better-than-expected earnings and the acquisition of Depop.
•Oil company stocks saw the biggest gains, and Treasury yields remained steady as US unemployment claims eased, potentially impacting Federal Reserve interest rate decisions.