Skip to Content
AP National Business

Stocks slip on Wall Street as crude oil prices climb again

<i></i><br/>
KMIZ

By
Published 9:40 AM

By DAMIAN J. TROISE
AP Business Writer

Stocks are falling on Wall Street Wednesday afternoon, giving back some of the gains they made a day earlier, as crude oil prices rise sharply again. The S&P 500 fell 0.5%, the Dow Jones Industrial Average fell 0.9% and the Nasdaq fell 0.1%. The losses were broad. Technology and health care stocks were among the biggest weights. Retailers and communications companies also lost ground. Energy stocks gained ground along with crude oil prices. Bond yields were stable. U.S. President Joe Biden is heading to Europe for a NATO meeting Thursday, where sanctions and the Russian oil embargo will likely top the agenda.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

ABC 17 News is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content