Yahoo Finance EN

Stock market today: Nasdaq turns positive, Dow, S&P 500 slip as oil prices ease after spiking above $100

Mar 09, 2026 &03160909202631; 14:16 UTC finance.yahoo.com

Read original on finance.yahoo.com ↗

→

Neutral impact

Sentiment score: -15/100

Moderate impact Short-term (days)

WHAT THIS MEANS

U.S. equity markets show mixed performance with Nasdaq turning positive while Dow and S&P 500 decline as oil prices retreat from above $100/barrel, reducing energy sector support. The divergence suggests selective strength in technology stocks offsetting broader market weakness driven by commodity price normalization.

AI CONFIDENCE

65% High

SENTIMENT GAUGE

NEWS POWER SCORE

AFFECTED ASSETS

↓

S&P 500

^GSPCIndex

Expected to decline

S&P 500 declining as oil price retreat reduces energy sector gains

↑

NASDAQ Composite

^IXICIndex

Expected to rise

Nasdaq turning positive, showing technology sector strength

↓

Dow Jones

^DJIIndex

Expected to decline

Dow Jones slipping alongside S&P 500 weakness

↓

Oil (WTI Crude)

CL=FCommodity

Expected to decline

Oil prices easing after spiking above $100, reducing energy support

↓

FTSE MIB (Italy)

FTSEMIB.MIIndex

Expected to decline

European markets likely pressured by oil price decline and energy sector weakness

PRICE HISTORY

Loading chart...

⚡ SUGGESTED ACTION

Consider rotating from energy into technology stocks given the divergence. Monitor oil price support levels; sustained weakness below $100 could pressure energy stocks further while benefiting rate-sensitive tech valuations.

KEY SIGNALS

Oil price retreat from $100+ levelsNasdaq outperformance vs. broad indicesEnergy sector weaknessTechnology sector relative strengthMixed market breadth

SECTORS INVOLVED

TechnologyEnergyFinancials

Analysis generated on Mar 10, 2026 at 01:09 UTC

Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by Yahoo Finance. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

Stock market today: Nasdaq turns positive, Dow, S&P 500 slip as oil prices ease after spiking above $100

RELATED INTELLIGENCE