The S&P Falls Close to 1% As Oil Blasts Past $100 A Barrel

The S&P Falls Close to 1% As Oil Blasts Past $100 A Barrel

Quick Read Super Micro Computer (SMCI) is the S&P 500’s worst performer today on company-specific concerns, while Nvidia (NVDA), CrowdStrike (CRWD), and Western Digital (WDC) are under pressure as high-multiple tech stocks suffer in a risk-off environment. Energy stocks including Chevron (CVX) and Exxon Mobil (XOM) are gaining as Brent crude trades at $108.60 per barrel after spiking to $119 earlier in the week. Iranian strikes on Gulf energy …