Stock Market: Nasdaq Skids As Oil Prices Jump, Google And Tesla Plunge: Weekly Review

The stock market retreated this past week as crude oil prices surged yet again and Treasury yields hit 18-month highs. The Nasdaq tumbled to undercut June lows while the S&P 500 regained and then lost its 50-day line. The Dow Jones and small-cap Russell 2000 tested that key level. Google-parent Alphabet (GOOGL) sold off, dragging down other hyperscalers, as it…