STOCKS | U.S. Stock Indices Decline Amid Rising Oil Prices and Inflation Concerns

Oil prices continue to rise due to ongoing tensions between the U.S. and Iran, leading to increased inflation concerns and a decline in major U.S. stock indices. According to Ming Pao, the Nasdaq closed at 22,105 points, down 0.93%, the S&P 500 ended at 6,632 points, falling 0.61%, and the Dow Jones Industrial Average finished at 46,558 points, decreasing by 0.26%. Over the week, the Dow Jones fell by 1.98%, while the S&P 500 and Nasdaq dropped by 1.6% and 1.26%, respectively.