Stocks waver amid Russia-Ukraine hopes, rise in oil prices

Published March 11, 2022 10:23 AM

By STAN CHOE and ALEX VEIGA
AP Business Writers

NEW YORK (AP) — Stocks are wavering between gains and losses on Wall Street Friday, as uncertainty about the war in Ukraine and persistently high inflation continues to knock markets around. The S&P 500 was 0.4% lower in afternoon trading after an early gain ran out of momentum. European stocks were up more solidly, and crude oil prices were climbing more than 2% after flip-flopping earlier in the day. They’re the latest swings for global markets, which have been rocked by dramatic hour-to-hour reversals in prior weeks amid uncertainty about where inflation and the global economy are heading.

Article Topic Follows: AP National Business

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