Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.

Stocks sank on Wall Street Thursday after the price of oil spiked to its highest level since the summer of 2024 because of the war with Iran. The S&P 500 fell 0.6% and erased what had been a small gain for the year so far.

U.S. stocks are falling after getting a whiff of a worst-case scenario for financial markets: a weakening economy combined with high inflation. The S&P 500 dropped 1.1% Friday after a

Financial markets are again following the cue of oil prices. Stocks are falling sharply on Wall Street Thursday, including a 1,000-point slump for the Dow Jones Industrial Average, as oil prices rise further because of the war with Iran.

Prices at U.S. gasoline pumps have already jumped. The average price for a gallon is $3.25, up 9% from $2.98 a week ago, according to auto club AAA.

Prices at U.S. gasoline pumps have already jumped. The average price for a gallon is $3.25, up 9% from $2.98 a week ago, according to auto club AAA.

U.S. stocks are falling sharply after getting a whiff of a worst-case scenario for financial markets: a weakening economy combined with high inflation. The S&P 500 dropped 1.6% Friday after a report showed U.

The Dow Jones Industrial Average briefly dropped more than 1,000 points after the price of oil spiked to its highest level since the summer of 2024.