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Wall Street wobbles as oil surges past 100 and inflation fears return for Dow S&P Nasdaq
Economy
Published on 11 May 2026
VIX jumps as markets brace for April CPI and PPI
US markets are treading carefully as Iran tensions push oil beyond $100 and traders refocus on inflation risk. The Dow, S&P 500 and Nasdaq edged higher, but the VIX rose, signaling growing anxiety ahead of April CPI and PPI. Higher energy prices could quickly feed broader costs, while tech-led optimism faces fresh macro pressure.
- Oil prices jumped past $100 after Iran-related political remarks
- Stocks rose slightly, but the VIX climbed to signal stress
- Markets are bracing for April CPI and PPI data this week
- Inflation fears could spread from energy costs to wider prices
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times