Miner Company
Global stock markets jolt after surge in oil prices as attacks in the Middle East continue
Stock markets shuddered worldwide Monday on worries about whether the global economy can withstand spiking prices for oil, which briefly got to nearly $120 per barrel, their highest level since four summers ago.The S&P 500 fell 1.3%, coming off its worst week since October. The Dow Jones Industrial Average was down 721 points, or 1.5%, as of 9:35 a.m.
Stock markets shuddered worldwide Monday on worries about whether the global economy can withstand spiking prices for oil, which briefly got to nearly $120 per barrel, their highest level since four summers ago.The S&P 500 fell 1.3%, coming off its worst week since October. The Dow Jones Industrial Average was down 721 points, or 1.5%, as of 9:35 a.m.