Latest / Wall Street Closing Bell: Daily Market Recap with Peter Tuchman, the Einstein of Wall Street
Oil Spike and Middle East Tension Send Stocks Lower on the First Day Back | Wall Street Closing Bell with Peter Tuchman
Today's Wall Street Closing Bell recap with Peter Tuchman.
In today's episode of Wall Street Closing Bell, Peter Tuchman, the legendary New York Stock Exchange (NYSE) trader known as the "Einstein of Wall Street," breaks down everything that moved the stock market today. The first trading day after the Labor Day holiday weekend turned into a classic oil up, market down session. Crude oil broke above 100 over the weekend on escalating tension around the Straits of Hormuz, Iran, Oman and Saudi Arabia, then settled back near 99, and Peter explains why sustained prices at these levels carry heavy…
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