The Economic Times

Will Oil and Nvidia decide how the US stock market moves next week? S&P 500 falls to 2026 low as Dow Jones and Nasdaq slide last week heres the Wall Street outlook

US stock market outlook: S&P 500 falls to 2026 low as Dow Jones and Nasdaq drop amid Iran war and oil price surge. The US stock market ended last week under pressure as investors reacted to rising oil prices, Iran war tensions, and inflation risks. The S&P 500 closed at 6,632.19, falling 0.61% on Friday and marking its lowest level of 2026 so far. The Dow Jones Industrial Average dropped 119.38 points to 46,558.47, while the Nasdaq Composite declined 206.62 points to 22,105.36, down 0.93% for the session. While oil prices dominate headlines, Nvidia stock and the artificial intelligence rally remain equally important drivers of the US stock market outlook.