Stocks Slip on Oil Jitters; Upwork Plunges on Disappointing Results
U.S. stocks declined Tuesday, with the Nasdaq Composite, S&P 500, and Dow Jones Industrial Average all shedding points. Elevated oil prices and geopolitical tensions are dampening investor sentiment as traders await key inflation data.
Investors are closely monitoring upcoming inflation data and geopolitical events, which are contributing to market volatility. The impact of oil prices on inflation remains a key concern for portfolio positioning.