US stock market today (May 12, 2026): Oil price surge, inflation fears drag Wall Street, S&P 500 down 0.6%, Nasdaq 0.9% lower

🇬🇧 The Times of India (GB) —
US stock market today (May 12, 2026): Oil price surge, inflation fears drag Wall Street, S&P 500 down 0.6%, Nasdaq 0.9% lower

AI Summary

The US stock market experienced declines due to a surge in oil prices and inflation fears, with the S&P 500 and Nasdaq both falling significantly. Economic concerns continue to loom over market performance.

Politics Markets Energy US market oil prices inflation S&P 500 Nasdaq

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