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Stock impact report

Dow falls by nearly 700 points as surging oil prices and weak jobs data add to market anxiety [Yahoo! Finance]

Piper Sandler Companies (PIPR) 
Last piper sandler companies earnings: 5/1 08:04 am Check Earnings Report
Company Research Source: Yahoo! Finance
US stocks opened lower Friday, with the major indexes on track for weekly losses, as weaker-than-expected jobs data added to concerns rippling through markets. The Dow was down 676 points, or 1.41%. The S&P 500 fell 1.26% and the tech-heavy Nasdaq sank 1%. Wall Street's fear gauge, the VIX, jumped 12%. Oil prices continued to climb: US crude surged 9.2%, to $88.47 per barrel. Brent crude, the international benchmark, gained 6.7%, to $91.16 per barrel. US oil and Brent prices have surged 32% and 25%, respectively, this week as the conflict with Iran has halted the flow of oil through the Strait of Hormuz and caused disruptions to oil producers in the region. “The stock market is becoming increasingly vulnerable to turmoil in the Middle East, making the path of least resistance lower,” Craig Johnson, chief market technician at Piper Sandler, said in a note. President Donald Trump on Friday said in a post on social media “there will be no deal with Iran” except unconditional s Show less Read more
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