Colin Risdahl
👤 SpeakerAppearances Over Time
Podcast Appearances
And the global economy now is more global.
But the longer this oil shock drags on, the more price caps are going to keep popping up.
Want some orange juice for breakfast?
OK, now let's do the numbers.
Dow Industrials down 179 today, 0.4% closed at 49,310.
The Nasdaq dropped 219 points, 0.9%, 24,438.
The S&P 500 dipped 29 points, 0.4%, 71.8.
At the end of a tension-filled day in the Middle East, another tension-filled day, I guess.
Brent crude, the international benchmark, up 3%, finished at $105 a barrel.
West Texas Intermediate also jumped 3%, closed at almost $96 per.
Software company ServiceNow tanked after reporting a 20% increase in subscription revenue over the last quarter.
Catch is it could have been more, they said, if it weren't for some contracts in the Middle East, which were delayed by you-know-what.
ServiceNow plunged 17.7% to 1%.