High oil prices knock down stocks and erase Wall Street's hopes for a cut to ...
NEW YORK (AP) — Another climb for oil prices shook stock markets on Friday, as hopes collapsed for a possible cut to interest rates this year by the Federal Reserve. The S&P 500 fell 1.5% to close its fourth straight losing week, its longest such streak in a year. The Dow Jones Industrial Average dropped 443 points, or 1%, and the Nasdaq composite tumbled 2%. × This page requires Javascript. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. kAm%96 >2C<6E’D =@DD6D 566A6?65 27E6C @:= AC:46D 6C2D65 2? 62C=J 5:A 2?5 2446=6C2E65 :? E96 27E6C?@@?] qC6?E 4CF56bT E@ D6EE=6 2E S``a]`h A6C 32CC6=] q6?49>2C< &]$]...