AP
US Energy Crisis
- Jenny Kane - AP
- Updated
A display shows $20 for gasoline on a gas pump at a Mobil gas station on Wednesday, April 29, 2026, in Portland, Ore.
Jenny Kane - APTags
As featured on
The U.S. stock market fell from its records after oil prices yo-yoed. The price for a barrel of Brent crude oil settled at roughly $100 Thursday and continued its decline from more than $115 early this week. But it swung sharply before getting there, as Wall Street waits to see whether its hopes for a deal to end the Iran war are warranted or just wishful. As oil prices pared their drops in the afternoon, stocks fell. The S&P 500 slipped 0.4% from its all-time high. The Dow Jones Industrial Average dropped 0.6%, and the Nasdaq fell 0.1%.
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