Stocks rebound and oil whipsaws after briefly smashing through $100 per barrel - CNN

US stocks recovered losses Monday and oil prices plummeted after settling at their highest level since 2022, as the war with Iran continued to roil markets. It was a volatile 24 hours in markets. US crude oil prices soared to nearly $120 per barrel late Sunday before settling at roughly $95 Monday afternoon. Oil then dropped to $86 per barrel by 4 p.m. ET as President Donald Trump told CBS he thinks “the war is very complete.” The Dow closed higher by 239 points, or 0.5%, recouping losses and turning into the green after dropping 886 points earlier. The S&P 500 gained 0.83%, and the Nasdaq Com

US stocks recovered losses Monday and oil prices plummeted after settling at their highest level since 2022, as the war with Iran continued to roil markets. It was a volatile 24 hours in markets. US crude oil prices soared to nearly $120 per barrel late Sunday before settling at roughly $95 Monday afternoon. Oil then dropped to $86 per barrel by 4 p.m. ET as President Donald Trump told CBS he thinks “the war is very complete.” The Dow closed higher by 239 points, or 0.5%, recouping losses and turning into the green after dropping 886 points earlier. The S&P 500 gained 0.83%, and the Nasdaq Com