Market News / Story
Midday Need to Know: Oil surges, Chipotle gains on takeover buzz & more
Seeking Alpha ·
Seeking Alpha reports: Wall Street's major averages moved lower on Thursday, with geopolitical tensions still in focus and oil prices climbing. The blue-chip Dow was last -0.1%, the benchmark S&P 500 ( SP500 ) was -0.3%, and the tech-focused Nasdaq Composite ) was last -0.5%. Now, here are 4 news stories that broke in the morning to watch out for: Crude oil surges over 4% on Persian Gulf tanker attack and hurricane shut-ins: Front-month Nymex crude jumped 4.4% to $92.20/bbl and Brent…