Record diesel prices are straining U. companies and highlighting vulnerabilities in the stock market and economy, according to MarketWatch.
The MarketWatch article reports that diesel prices have reached a record high, which the authors say is more concerning for the U.S. economy than rising retail gasoline prices that are already squeezing household budgets.
It adds that the surge in fuel costs is hitting the shares of companies that keep the U.S. economy moving, exposing pain points in the stock market and broader economy.
The piece includes a market snapshot but does not quantify the broader economic impact, leaving the magnitude of the effect on the market and economy uncertain.