US stock market today (May 12, 2026): Oil price surge, inflation fears drag Wall Street, S&P 500 down 0.6%, Nasdaq 0.9% lower

US stocks retreated on Tuesday as rising oil prices and sticky inflation cooled Wall Street’s rally. Technology shares, particularly AI-linked companies, led the decline. Concerns over the Iran conflict and its impact on crude supplies …

US stocks retreated on Tuesday as rising oil prices and sticky inflation cooled Wall Street’s rally. Technology shares, particularly AI-linked companies, led the decline. Concerns over the Iran conflict and its impact on crude supplies fueled inflation worries, strengthening expectations of prolonged elevated interest rates.

US consumer price inflation hits 3.8% in April, highest in nearly 3 years, as Iran war fuels energy costs

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Stock market today (May 12, 2026): Which are top 10 gainers and losers on NSE & BSE? Check list

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