Commodities
Oil Price Drop Calms Inflation Fears on Wall Street
Falling oil prices have helped calm Wall Street's worries about inflation, while major chip stocks continue to decline.
The price of a barrel of Brent crude fell 5.1% to $83.42 after President Donald Trump said he would hold off on ordering new strikes against Iran at the urging of allies in the region.
The S&P 500 rose 0.4%, while the Dow Jones Industrial Average added 625 points, and the Nasdaq composite rose 0.2%.