Markets Dip Amid Oil Surge and Earnings | Chattanooga News

Wall Street took a slight stumble after hitting record highs, with the S&P 500 and Nasdaq dipping modestly while the Dow plunged nearly 1%. Rising oil prices and mixed earnings reports fueled the volatility — Brent crude surged 4% amid global tensions, and Treasury yields climbed as investors recalibrated their outlook. Warner Bros. Discovery and Molson Coors delivered strong results, but Honeywell Aerospace plummeted over 20% after missing targets, and AppLovin slid on lukewarm numbers. SpaceX shares hit the open market after its IPO lockup expired, adding to trading volatility. Inflation stubbornly clings above 3%, pressuring consumers and businesses, while the job market holds firm — though signs of slowing growth loom. Upcoming labor data will be key to gauging where the economy is headed. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ed02218335e5e932