{"id":73539,"date":"2022-10-05T21:13:34","date_gmt":"2022-10-05T17:13:34","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=73539"},"modified":"2022-10-05T21:14:51","modified_gmt":"2022-10-05T17:14:51","slug":"us-stocks-pulled-back-on-opec-decision","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/us-stocks-pulled-back-on-opec-decision\/10\/05\/market-updates\/","title":{"rendered":"US stocks pulled back on OPEC+ decision"},"content":{"rendered":"\n<p>Wednesday pullback of US stocks proved that the previous two day rally was short-lived. The scene is set for further volatility, after a stormy trading day. <br><br>The S&amp;P 500 tumbled 1.4%, while the Dow Jones Industrial Average slid 340 points, or 1.1%. The technology-heavy Nasdaq Composite led the way down at a 1.9% drop. All three major indexes were falling around midday, with energy stocks taking the lead. <\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>The story with energy stocks is totally different from the performance of Wall Street as energy stocks overall were making gains midday Wednesday following the announcement by OPEC+ that it will cut production by two million barrels a day; marking the largest reduction since the start of the pandemic.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wednesday pullback of US stocks proved that the previous two day rally was short-lived. The scene is set for further volatility, after a stormy trading day. The S&amp;P 500 tumbled 1.4%, while the Dow Jones Industrial Average slid 340 points, or 1.1%. The technology-heavy Nasdaq Composite led the way down at a 1.9% drop. All &hellip;<\/p>\n","protected":false},"author":13,"featured_media":71622,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[7004,7587],"class_list":["post-73539","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-opec-2","tag-us-stocks"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/73539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=73539"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/73539\/revisions"}],"predecessor-version":[{"id":73546,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/73539\/revisions\/73546"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/71622"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=73539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=73539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=73539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}