Crude Oil Jumps Over 12%; US Retail Sales Fall In January
Benzinga·2026-03-06 18:14

U.S. Stock Market Performance - U.S. stocks traded lower, with the S&P 500 falling around 1% on Friday, closing at 6,765.31, a drop of 0.96% [1] - The Dow Jones Industrial Average decreased by 0.99% to 47,479.25, while the NASDAQ fell 0.86% to 22,554.26 [1] - Financial stocks experienced a notable dip of 2.1% [1] Sector Performance - Energy shares rose by 0.5% on Friday, indicating some resilience in that sector [1] Retail Sales - U.S. retail sales fell by 0.2% in January, slightly better than market estimates of a 0.3% decline [2] Commodity Market - Oil prices increased by 12.6% to $91.26, while gold rose by 1.8% to $5,170.30 [3] - Silver prices went up by 3% to $84.635, whereas copper saw a slight decline of 0.2% to $5.7960 [3] European Market Performance - European shares were lower, with the eurozone's STOXX 600 declining by 1.04% [4] - Spain's IBEX 35 Index fell by 1.14%, London's FTSE 100 decreased by 1.21%, Germany's DAX dipped by 0.88%, and France's CAC 40 fell by 0.79% [4] Asia Pacific Market Performance - Asian markets closed mostly higher, with Japan's Nikkei 225 gaining 0.62% and Hong Kong's Hang Seng index rising by 1.72% [5] - China's Shanghai Composite increased by 0.38%, while India's BSE Sensex dipped by 1.37% [5]

Crude Oil Jumps Over 12%; US Retail Sales Fall In January - Reportify