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Commodities

US Stock Market Holds Near Record High Despite Oil Price Volatility

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Oil
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The US stock market held steady near its record high on Tuesday after oil prices eased again.

The S&P 500 edged down a fraction of a point and is just 0.4% below its all-time high set last month.

The Dow Jones Industrial Average dropped 0.4%, while the Nasdaq composite added 0.5% to its own record.

Brent crude briefly fell below $98 per barrel in the morning, but later trimmed its losses and settled at $99.25 per barrel.

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