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Stock impact report

Most U.S. stocks fall as oil prices climb more [Investment Executive - News]

Wells Fargo & Company (WFC) 
Last wells fargo & company earnings: 4/14 07:46 am Check Earnings Report
US:NYSE Investor Relations: wellsfargo.com/about/investor-relations
Stan Choe, The Associated Press Most stocks are falling on Wall Street Thursday, as oil prices rise further, but the moves are less severe than earlier in the week. The S&P 500 slipped 0.2% in morning trading, coming off a frenetic start to the week that saw financial markets worldwide swerve sharply, sometimes hour by hour. The Dow Jones Industrial Average was down 452 points, or 0.9%, as of 10:15 a.m. Eastern time, and the Nasdaq composite was 0.1% higher. Markets again seem to be following the cue of oil prices. Worries are high that a long-term spike because of the war with Iran could exhaust households' ability to spend, as well as grind down the global economy and push interest rates higher. A barrel of Brent crude, the international standard, rose 2.9% to $83.74. That's up from close to $70 late last week. A barrel of benchmark U.S. crude climbed 4.6% to $78.15. Oil prices rose after Iran launched a new wave of attacks against Israel, American bases and countries aro Show less Read more
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