Dow and S&P 500 plunge as oil spikes above 120 while Nasdaq holds green on mixed signals

Published on 30 April 2026

Oil surge hits transport and manufacturing first

US stock futures show a split: the Dow Jones and S&P 500 are red, while the Nasdaq stays green. The driver appears to be a jump in crude prices above 120, lifting costs across sectors. Energy-heavy and cost-sensitive industries like transport and manufacturing get hit first, pulling broader indices down even as technology-linked stocks remain relatively resilient.

Dow and S&P 500 fall while Nasdaq stays green
Crude oil spikes above 120, lifting business costs
Transport and manufacturing feel the pressure first
Sector differences explain the market’s split reaction

#inflation fears #fed uncertainty #nasdaq #oil prices #stock market futures

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Dow and S&P 500 plunge as oil spikes above 120 while Nasdaq holds green on mixed signals

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