Market Volatility: Stocks End Day Near Flat Amid Oil Price Uncertainty

Stocks on Wall Street ended Thursday's trading day roughly where they began after experiencing several sudden reversals. The S&P 500 finished nearly flat, with a less than 0.1% decline.

The Dow Jones Industrial Average dropped 161 points, or 0.3%, while the Nasdaq composite added less than 0.1%. The bond market was also volatile, with the yield on the 10-year Treasury reaching 5.20% from 5.11% late Wednesday.

This increase in yields has been attributed to several factors, including uncertainty about oil prices due to ongoing tensions between Iran and the US. Brent crude prices fluctuated Thursday, dropping to $99 before rising to settle at $100.22.