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Market Close: Crude Oil Jumps, Stocks Slide, Apple Falls, Lilly Rallies 8-10-2026
CNBC Television· 2026-08-10 20:31
I'm Peter Shack now. CNBC stocks ended the day lower as oil prices jumped 5% on indications that no deal between the US and Iran involving this trade of Hormuz was coming anytime soon. That was one of the few market moving stories in what was otherwise a news vacuum with no earnings or economic numbers of note and the consumer and producer price index reports for July looming later this week.The Dow lost 61 points to close at 53,976. The S&P 500 lost 4 and a.5 points, less than a tenth of a percent. The Nas ...