The S&P 500 Index ($SPX) (SPY) today is down -0.66%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.57%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.80%. March E-mini S&P futures (ESH26) are down -0.60%, and March E-mini Nasdaq futures (NQH26) are down -0.71%.
Stocks added to Wednesday’s sharp losses today, with the S&P 500, the Dow Jones Industrials, and the Nasdaq 100 falling to 3.75-month lows. Stocks are under pressure after a fresh surge in energy prices deepened concerns that the war in the Middle East will spur inflation and weigh on economic growth. European natural gas prices are up more than +24% at a 3-year high after Qatar reported “extensive damage” at the world’s largest natural gas export plant at Ras Laffan Industrial City.
