Stocks recover most early losses as volatility again hits Wall Street. US oil tops $110 a barrel
Stocks on Wall Street recovered most of their early losses as volatility returned after two days of solid gains, with the S&P 500 falling 0.2% and the Dow Jones Industrial Average shedding 154 points. The price of US crude oil rose close to $114 a barrel, with crude oil prices being the main force behind the sharp swings for stocks globally.
Stocks on Wall Street recovered most of their early losses. The S&P 500 fell 0.2% and the Dow Jones Industrial Average shed 154 points. US oil prices rose close to $114 a barrel. The volatility follows a national address by President Donald Trump, where he vowed to continue attacking Iran. Oil prices have been the main force behind the sharp swings for stocks globally. The US relies on the Persian Gulf for a fraction of its oil imports, but prices are set in a global market.
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