Oil above $104 and inflation fears are back in the driver's seat — S&P 500 and Nasdaq are selling off on it. Crude at these levels is a tax on multiples before it's ever a Fed problem, and the tape is
Oil surging past $104 and inflation fears drive S&P 500 and Nasdaq declines.
What changed
Oil surging past $104 and inflation fears drive S&P 500 and Nasdaq declines.
Why it matters
Oil surging past $104 and inflation fears drive S&P 500 and Nasdaq declines. — impact context not separately stored; see What changed.