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StonvexStonvexStonvexThe S&P 500 fell 0.74% on Wednesday, ending a nine-session winning streak as rising oil prices and Treasury yields pressured equities. CrowdStrike (CRWD) declined following disappointing earnings guidance, while market indicators suggest only a 14% probability of the index opening higher on Thursday.
The S&P 500 fell 0.74% on Wednesday, snapping a nine-session winning streak as rising oil prices and Treasury yields pressured equities. Escalating U.S.-Iran hostilities drove oil prices higher, with WTI crude up 2.41% and Brent up 1.89%, pushing the 10-year Treasury yield near 4.5%. Polymarket traders predict only a 14% probability of the index opening higher on Thursday. CrowdStrike and Broadcom both declined after disappointing earnings guidance.
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