CFNAI super index moving average index shows a modest decline (SPY -0.4%). Airlines slammed by soaring jet fuel prices. Elevated bond yields weigh on tech shares. Here is the current market situation from CNN Money North and South American markets are mixed. The IPC is higher by 0.29%, while the Bovespa is leading the S&P 500 lower. They are down 4.37% and 0.40% respectively. What Is Moving the Markets Here are the headlines moving the markets. Oil Prices Spike As U.S. Outages Tighten Supply Oil prices rebounded again on Monday, with WTI shooting up more than 3% to over $61 per barrel by noon ET. Oil prices spiked to 13-month highs last week after the Texas Freeze, but prices sagged toward the latter part of the week. But on Monday, a new price rally began, with the price of WTI spiking $1.81 per barrel to $61.05. Brent shot up by $1.73 to $64.64. The price hike comes shortly after Goldman Sachs forecast that oil prices would climb into the $70s over the next few months, and after it became clear that U.S. oil production and refineries