{"id":474020,"date":"2022-03-08T10:26:34","date_gmt":"2022-03-08T04:56:34","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=474020"},"modified":"2022-03-08T11:27:35","modified_gmt":"2022-03-08T05:57:35","slug":"stocks-drop-after-crude-oil-prices-touch-130-per-barrel","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/stocks-drop-after-crude-oil-prices-touch-130-per-barrel\/","title":{"rendered":"Stocks drop after crude oil prices touch $130 per barrel"},"content":{"rendered":"<p>Stocks fell sharply on Wall Street after another big leap for oil prices threatened to squeeze inflation\u2019s grip on the global economy.<\/p>\n<p>The S&amp;P 500 on Monday fell 3 per cent, its biggest drop in 16 months, after a barrel of US crude surged to nearly $120 on the possibility that Washington could bar imports from Russia. Overseas markets also fell, taking their cue from oil\u2019s movements.<\/p>\n<p>Oil prices had gone as high as $130 a barrel. Gold and a measure of nervousness on Wall Street also rose. The Dow Jones Industrial Average lost 2.4 per cent and the tech-heavy Nasdaq gave up 3.6 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stocks fell sharply on Wall Street after another big leap for oil prices threatened to squeeze inflation\u2019s grip on the global economy. The S&amp;P 500 on Monday fell 3 per cent, its biggest drop in 16 months, after a barrel of US crude surged to nearly $120 on the possibility that Washington could bar imports from Russia. Overseas markets also fell, taking their cue from oil\u2019s movements. Oil prices had gone as high as $130 a barrel. Gold and a measure of nervousness on Wall Street also rose. The Dow Jones Industrial Average lost 2.4 per cent and the tech-heavy [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-474020","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/474020","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=474020"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/474020\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=474020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=474020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=474020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}