AP
Financial Markets Wall Street
FILE - Trader Michael Capolino works on the floor of the New York Stock Exchange, Monday, Feb. 2, 2026.
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Stocks are mostly slipping on Wall Street under increasing pressure from rising oil prices. The S&P 500 fell 0.4% in afternoon trading Friday. The Dow Jones Industrial Average fell 598 points, or 1.1%. The Nasdaq composite dropped 0.1% after giving up a modest gain. The price of Brent crude oil, the international standard, rose 3.1% to above $116 a barrel, its highest level since June 2022. European markets closed mostly lower. France's main index fell 0.4%, though yields on French government bonds eased a bit. The yield on the 10-year Treasury rose to 4.99%.
