{"id":70780,"date":"2026-03-09T12:50:09","date_gmt":"2026-03-09T12:50:09","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/03\/09\/wall-street-to-opens-lower-as-oil-surge\/"},"modified":"2026-03-09T12:50:09","modified_gmt":"2026-03-09T12:50:09","slug":"wall-street-to-opens-lower-as-oil-surge","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/03\/09\/wall-street-to-opens-lower-as-oil-surge\/","title":{"rendered":"Wall Street To Opens Lower As Oil Surge"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Early signs from the U.S. Futures Index suggest that Wall Street might open in the red. <\/p>\n<p>This week&#8217;s trading is likely to be driven by reports on consumer prices, durable goods orders and consumer sentiment may also attract attention.<\/p>\n<p>For the first time, since 2022, oil surged above $100 a barrel as war tensions in the Middle East is escalating. <\/p>\n<p>In the Asian trade hours, crude prices surged more than 25 percent, amid fears of supply disruptions. The dollar surged while gold trimmed early losses to trade above $5,100 an ounce. <\/p>\n<p>As of 8.20 am ET, the Dow futures were losing 472.00 points, the S&amp;P 500 futures were down 56.75 points and the Nasdaq 100 futures were sliding 219.25 points.<\/p>\n<p>The U.S. major averages all finished Friday firmly in negative territory. The Nasdaq plunged 361.31 points or 1.6 percent to 22,387.68, the S&amp;P 500 tumbled 90.69 points or 1.3 percent to 6,740.02 and the Dow slumped 453.19 points or 1.0 percent to 47,501.55.<\/p>\n<p>On the economic front, the 3-month and 6-month Treasury Bill auction will be held at 11.30 am ET. <\/p>\n<p>Preliminary Treasury Buyback announcement will be held at 11.00 am ET. <\/p>\n<p>Asian stocks fell on Monday. China&#8217;s Shanghai Composite index dropped 0.67 percent to 4,096.60. Hong Kong&#8217;s Hang Seng index fell 1.35 percent to 25,408.46.<\/p>\n<p>Japanese <span class=\"landLinks\">markets<\/span> nosedived. The Nikkei average ended 5.20 percent lower at 52,728.72. The broader Topix index settled 3.80 percent lower at 3,575.84. <\/p>\n<\/p>\n<p>Business News<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>Wall Street To Opens Lower As Oil Surge<\/a><br \/>\n<br \/>2026-03-09 12:50:09<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Early signs from the U.S. Futures Index suggest that Wall Street might open in the red. This week&#8217;s trading is likely to be driven by reports on consumer prices, durable&#8230;<\/p>\n","protected":false},"author":2,"featured_media":70781,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1585504256855-6718f7a693ae?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=934&q=80","fifu_image_alt":"","footnotes":""},"categories":[28],"tags":[],"class_list":["post-70780","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/70780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=70780"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/70780\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/70781"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=70780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=70780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=70780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}