Stocks Pressured by Higher Oil Prices, But Positive Oracle AI News Helps Tech Stocks

The S&P 500 Index ($SPX) (SPY) is down -0.30%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.88%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.11%.  March E-mini S&P futures (ESH26) are down -0.42%, and March E-mini Nasdaq futures (NQH26) are down -0.26%. Stocks are being undercut by today’s +6 bp rise in the 10-year T-note yield and the +4% rally in WTI crude oil prices.  Crude oil prices are trading higher despite the IEA’s decision to release oil stockpiles. More News from Barchart ...