Oil Price Swings Keep US Stocks Below Record Levels

US stocks retreated slightly from their records on August 11, 2026, as oil prices continued to fluctuate due to uncertainty surrounding the conflict in Iran. According to an AP Wire report, investors were cautious about when the war with Iran would allow crude to flow freely again.

The New York Stock Exchange and other financial markets showed a general view of stability, but experts noted that oil prices kept swinging, affecting market sentiment.

AP Business Writer Stan Choe reported on the situation, stating that 'U.S. stocks slipped a bit further from their records' without providing specific numbers or figures.