Oil Price Volatility Weighs on Stocks as Inflation Expectations Shift
US stocks are holding steady near their records, while oil prices remain volatile due to ongoing uncertainty about Iran's impact on crude flows.
The S&P 500 added 0.1% and remained near its all-time high set on Friday, with the Dow Jones Industrial Average up 7 points or less than 0.1%, and the Nasdaq composite nearly unchanged.
Brent crude prices briefly jumped above $90 before falling back to $87.99, up 0.3% from Monday's settlement price.