Stocks Pare Losses as Oil Prices Recede

Stocks Pare Losses as Oil Prices Recede

Stocks pared their losses on Wall Street as an early spike in crude oil prices eased later in the day. The roller-coaster ride for oil prices Thursday underscored how they're dictating where financial markets, and maybe even the economy, are heading. The S&P …

The morning began as a scary one after Brent crude, the international standard, briefly rose above $119 per barrel, up from roughly $70 before the war with Iran began. The jump came after Iran intens… [+2075 chars]
Stocks Pare Losses as Oil Prices Recede - FHMnews