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Geopolitical Score 75 Bearish

S&P 500 Slips in Volatile Trading as Oil Prices Rally

Apr 02, 2026 16:40 UTC
^GSPC, CL=F, ^VIX
Immediate term

The S&P 500 and Nasdaq Composite declined as West Texas Intermediate crude oil futures surged 11% due to escalating tensions in the Strait of Hormuz. The market experienced heightened volatility, with the Nasdaq briefly turning positive bef

  • S&P 500 and Nasdaq Composite declined
  • WTI crude oil futures surged 11% due to Strait of Hormuz tensions

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