Stocks falter as surge in crude oil prices rattles the market


Price of oil today spiking by the most ever following a weekend drone attacks on Saudi Arabian oil facilities which sparked worries about a disruption in global supplies and what it could mean to global economic growth oil closing more than fourteen percent higher today ending closer to sixty three dollars a barrel on Wall Street that had stocks in a slump weighing on shares of airlines and cruise lines which user you ge amount of fuel even the traders are still optimistic about a possible rate cut coming this week by the federal reserve but the Dow on track to ended a day winning streak is down about half a percent the nasdaq down one third of one percent the S. and P. five hundred down also a third of one

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