US stocks edge down from their record after oil prices climb 5%
- The U.S. stock market declined slightly on Monday, with the S&P 500 down 0.1% from its record high.
- Oil prices rose 5% amid uncertainty about the reopening of the Strait of Hormuz.
- The Dow Jones Industrial Average fell by 60 points, or 0.1%, while the Nasdaq composite dropped 0.3%.
- Berkshire Hathaway's stock increased by 1.5% after reporting stronger-than-expected profits.
- Higher oil prices could contribute to inflation, which may impact the Federal Reserve's interest rate decisions.
The U.S. stock market edged down from its all-time high on Monday, while oil prices rose on uncertainty about when the Strait of Hormuz could reopen and get the global flow of crude going again.
The S&P 500 slipped 0.1% from its record set on Friday, while the Dow Jones Industrial Average dipped 60 points, or 0.1%, and the Nasdaq composite fell 0.3%.
In the oil market, the price for a barrel of Brent crude rose 5% to $87.72, as hopes for an agreement between the United States and Iran fluctuated.
Higher oil prices push inflation upward, and the main event for Wall Street this week will likely be Wednesday’s update on inflation, which economists expect to show a slight slowdown.
美国股市在油价上涨5%后从历史高位回落
美国股市在周一从历史高位小幅回落，油价因霍尔木兹海峡何时重新开放的不确定性而上涨。
标准普尔500指数较上周五创下的记录下跌0.1%，道琼斯工业平均指数下跌60点，或0.1%，纳斯达克综合指数下跌0.3%。
在油市，布伦特原油价格上涨5%，达到每桶87.72美元，因美国与伊朗之间的协议希望波动。
油价上涨推动通货膨胀，本周华尔街的主要事件可能是周三的通货膨胀更新，经济学家预计将显示轻微放缓。