S&P 500 Slides as Oil Surges on Fears Ceasefire with Iran May End
Lead U.S. stocks weakened Tuesday as oil prices jumped on worries that a U.S.-Iran ceasefire due to expire Wednesday could collapse, prompting investors to seek defensive havens. The S&P 500 slipped with eight of 11 sectors in the red even as energy, information technology and consumer discretionary posted modest gains. Market participants reacted to mixed … Read more